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BRIEF-ZTE's 2020 Net Profit Down 17.25% Y/Y, Sees Higher Q1

· 03/16/2021 08:14
BRIEF-ZTE's 2020 Net Profit Down 17.25% Y/Y, Sees Higher Q1

- ZTE Corp 000063.SZ0763.HK :

  • SAYS 2020 NET PROFIT DOWN 17.25% Y/Y

  • SAYS IT SEES Q1 NET PROFIT UP 130.8-207.7% Y/Y FROM 780 MILLION YUAN ($120.02 million) YEAR EARLIER

  • SAYS IT PLANS TO ISSUE VARIOUS KINDS OF DEBT FINANCING INSTRUMENTS IN 2021

Source text in Chinese: https://bit.ly/3eGBvWE ; https://bit.ly/3tqmn3L ; https://bit.ly/2OBleHU

Further company coverage: 000063.SZ


($1 = 6.4990 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

((meg.shen@thomsonreuters.com; 852-39525805;))