Company Profile For ZTE Corporation

ZTE Corporation (0763.HK) (Hong Kong Stock)

sector: Technology · industry: Communications Equipment ·

As of 25 Nov 2009

45.65HKD

Price Change

+0.00

Percent Change

+0.00%

Analyst Recommendations

Overview

ZTE Corporation is a manufacturer and supplier of telecommunications equipment. The Company is principally engaged in the design, development, production, distribution and installation of a range of telecommunications systems and equipment. The Company operates its businesses through three segments: operator network, mobile phones, as well as telecommunications software, services and other products. The operator network segment primarily provides wireless communications systems, optical and data communications equipment, as well as wireline switch and access equipment, among others. The mobile phone segment provides global system for mobile communications (GSM) mobile phones and wideband code-division multiple access (WCDMA) mobile phones. The Company operates its businesses in domestic markets and to overseas markets, including the rest of Asia and Africa.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, ZTE Corporation's revenues increased 41% to RMB42.84B. The Company's net income increased 46% to RMB1.19B. Total revenues reflect increased sales of the Company's products. Net income also benefited from lower finance expense, the presence of gain on change of fair value, as well as increased non-operating income compared with the corresponding period.

Company Address

ZTE Corporation
ZTE Plaza, Keji South Road,
Hi & New Tech Industrial Park
Nanshan District
Shenzhen GNG 518057
P: +86755.26770282
F: +86755.26770286