Chinese vendor ZTE reported operating revenues of CNY 59.82 billion ($8.65 billion) in the first half of the year, up 12.7% compared to the same period last year.
In its earnings statement, the Chinese company said that its net profits amounted to CNY 4.57 billion, an increase of 12% year-on-year.
“In the first half of 2022, ZTE, despite the challenges of the pandemic and complex external environment, has ensured the security and stability of its own supply chain, realized continuous delivery to its global customers and continuously improved the company’s operational quality and efficiency,” ZTE said.
