ZTE's net profit of 4 billion 570 million yuan in last year is not small
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China Communications equipment 000063.SZ 0763.HK released its annual report on Thursday evening, which turned a profit last year and realized net profit of 4 billion 570 million yuan, due to its main revenue growth and increased investment returns.
The annual report showed that the company achieved 108 billion 820 million yuan in revenue last year, up 7.5% and 1.09 yuan per share. The company paid 3.3 yuan per 10 shares last year. In 2016, ZTE's operating performance was 2 billion 357 million yuan.
In 2013, it reported that, thanks to the continuous investment of global carriers in telecom networks, and the development of overseas mobile phones and government business market, the three main businesses of the company last year, the operators' network, consumer business and government business business revenue increased year-on-year.
Last year, network operators, enterprise business and consumer business revenue growth was 8.3%, 10.4% and 5.2%, including network operators business for the company to contribute nearly 60% revenue growth, mainly due to the domestic 4G system products at home and abroad, optical access optical transmission products and domestic products operating income grew by.
In addition, last year, the company achieved an investment profit of 2 billion 540 million yuan, an increase of 54.87% over the same period last year, mainly due to the investment income generated by the company's partial disposal of Nubian shares.
In July last year, the company transferred 10.1% shares of Nubian to Nanchang hi-tech investment company by 727 million 200 thousand yuan, producing about 2 billion 164 million yuan before tax investment.
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