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BRIEF-ZTE posts 2016 net loss mainly due to settlement with US government
March 23, 2017 / 9:43 AM / 6 months ago

BRIEF-ZTE posts 2016 net loss mainly due to settlement with US government

March 23 (Reuters) - ZTE Corp

* Says 2016 net loss at 2.4 billion yuan ($348.53 million)

* Says 2016 net loss incurred mainly from its settlement with the U.S. government

Source text in Chinese: bit.ly/2nUySn5

Further company coverage: ($1 = 6.8860 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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