ZTE Corporation reported a 35.9 per cent increase in net profit in the first-quarter -

Net profit attributable to shareholders of the parent company rose to RMB205 million in the first quarter, and basic earnings per share increased to RMB0.06. Operating cash flow in the first quarter significantly improved compared to a year earlier.

ZTE’s gross profit margin has expanded for two consecutive quarters, while revenue declined by 2.8 per cent to RMB18.09 billion.

ZTE Corporation reported a 35.9 per cent increase in net profit in the first-quarter

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