Thursday, March 29, 2012
ZTE, a China-based maker of telecommunication equipment for own brand sale, had revenues of CNY86.254 billion (US$13.34 billion) for 2011 growing 23.39% from 2010 but net operating profit of CNY429.5 million and net profit of CNY2.635 billion slipping 83.41% and 39.56% respectively, according to the company's 2011 financial report released on March 28.
ZTE posted net EPS of CNY0.61 in 2011 and will distribute a cash dividend per share of CNY0.2.
The 2011 revenues consisted of CNY39.496 billion from the domestic market and CNY46.758 billion from overseas markets, respectively increasing 22.67% and 24% from 2010.
By: DocMemory
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