ZTE Corp swings to first-quarter profit of 862.6 million yuan

ZTE Corp swings to first-quarter profit of 862.6 million yuan

5 years ago
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https://www.reuters.com/article/us-zte-results/zte-corp-swings-to-first-quarter-profit-of-862-6-million-yuan-idUSKCN1S512F

China's ZTE Corp reported on Monday a first-quarter profit of 862.6 million yuan ($128.2 million), as expected, up from 276 million yuan in the preceding three months, as it recovered from last year's U.S. sanctions.