ZTE: Net profit in the third quarter was 310 Million USD

October 26, CITIC Communications released its third-quarter financial report today.

The financial report shows that in the third quarter, ZTE achieved operating income of 32.741 billion yuan(Around 4.54 billion USD), a year-on-year increase of 6.46%.

The net profit attributable to the parent was 2.254 billion yuan (Around 310 Million USD), a year-on-year increase of 27.05%.

In addition, ZTE achieved operating income of 92.559 billion yuan(Around 12.83 Billion USD) in the first three quarters, a year-on-year increase of 10.42%. The net profit attributable was 6.82 billion yuan (Around 950 Million USD), a year-on-year increase of 16.52%.