China's ZTE revises down first-quarter profit after factoring in U.S. supplier ban

China's ZTE revises down first-quarter profit after factoring in U.S. supplier ban

6 years ago
Anonymous $RBasgWKaIV

https://www.reuters.com/article/us-zte-results/chinas-zte-revises-down-first-quarter-profit-after-factoring-in-u-s-supplier-ban-idUSKBN1KH1IM

ZTE Corp revised its first-quarter results to a net loss on Friday, after China's second-biggest telecommunications equipment maker took into account the impact of a crippling U.S. supplier ban that has now been lifted.

China's ZTE revises down first-quarter profit after factoring in U.S. supplier ban

Jul 27, 2018, 1:29pm UTC
https://www.reuters.com/article/us-zte-results/chinas-zte-revises-down-first-quarter-profit-after-factoring-in-u-s-supplier-ban-idUSKBN1KH1IM >ZTE Corp revised its first-quarter results to a net loss on Friday, after China's second-biggest telecommunications equipment maker took into account the impact of a crippling U.S. supplier ban that has now been lifted.