One translation of ZTE’s Chinese name is “resurgence”. But renascent it is not. On Friday, China’s second-largest telecoms equipment maker by sales warned that first-half net profit could be down as much as 80 per cent from a year earlier. That implies almost break-even in the second quarter against Rmb642m in the same period last year.
中興通訊(ZTE)的「中興」可意譯爲"resurgence(復興)"。但該公司的業績卻未能「復興」。上週五,這家中國第二大通訊設備製造商(以銷售額計)發出預警,稱今年上半年其淨利潤同比跌幅可能高達80%。這意味著該公司今年第二季度淨利潤基本爲零,而去年同期的這個數字爲6.42億元人民幣。
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