China's ZTE posts fourth-quarter net loss after U.S. sanction case fine

HONG KONG (Reuters) - Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in fourth-quarter profit, as it booked a $892 million charge to settle a U.S. sanctions case.
×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Accenture's net revenue rises 4.7 percent
Hexagon fined by Swedish exchange over CEO arrest ...

Related Posts