Zte Revenue Of More Than 60 Billion Yuan Over Last Year, Huawei
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Home Page > Business > Ethics > Zte Revenue Of More Than 60 Billion Yuan Over Last Year, Huawei
Zte Revenue Of More Than 60 Billion Yuan Over Last Year, Huawei
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Zte Revenue Of More Than 60 Billion Yuan Over Last Year, Huawei
By: betty
About the Author
I am China Products writer, reports some information about paper mache snowman , nutcracker christmas ornament.
(ArticlesBase SC #3501431)
Article Source: http://www.articlesbase.com/ - Zte Revenue Of More Than 60 Billion Yuan Over Last Year, Huawei
HC communication network  In the international telecom market into a bleak, contrarian equipment manufacturers in China rose pattern become more pronounced.
Yesterday ZTE Communication (000063.SZ, 00763.HK) announced the 2009 results reported in 2009, ZTE's total revenues for the first time more than 60 billion yuan, up 36.08 percent revenue growth, it is a record in the industry.
Under the Hong Kong Financial Reporting Standards and accounting principles generally accepted in China, ZTE in 2009 operating income of 60.273 billion yuan, up 36.08 percent compared with 2008, net profit of 2.458 billion yuan, an increase of 48.06% compared to 2008. Companies operating activities Cash flow per share 2.12 yuan.
The domestic market from the top half of the sky
Although in the past year, the international telecommunications market slowdown more obvious, but the domestic 3G Licensing bring substantial investment to ensure the ZTE and the overall performance of the domestic market continue to grow rapidly.
Filing shows ZTE domestic market operating income of 30.404 billion yuan, up 74.07%. ZTE said that this mainly due to ZTE fully grasp the opportunities of domestic 3G launch, the three operators in network construction Tender Achieved outstanding performance as the biggest 3G market in China Network equipment Providers, especially TD-S CDMA , CDMA, XPON represented products have achieved good Sell Performance.
While in 2008, ZTE's income share in the international market has reached 60.57%, but the domestic situation in 2009 is excellent for the domestic market hold up half the sky ZTE performance last year, the proportion of total income than 50%.
According to earnings, the international market in 2009, ZTE achieved operating income of 29.869 billion yuan, up 11.34%, the proportion of total revenue up 49.56 percent.
Particularly in 2009, ZTE's breakthrough in the European market, in addition to the terminal, the ZTE bearer network, access network, business network and other related products have been successively into Europe and the United States important countries in the region, Europe and the United States market is becoming ZTE important regional business growth.
ZTE said in 2009, ZTE's mainstream products in carrier networks has made more substantial breakthrough and growth. At present, ZTE's 3G market in China, the first comprehensive ranking, Europe and the United States market, sales revenue in the international market began to rapidly increase the proportion of ZTE has achieved a comprehensive breakthrough in the mainstream market.
Growth rate of more than Huawei
Before the departure of president Yin Yimin, ZTE things, was the industry that "probably because of the performance pressure", but yesterday, ZTE flaunted the earnings break this argument, because in the past year, ZTE continues to maintain rapid growth, but growth over the Huawei.
2009, Huawei achieved a sales income of 149.1 billion yuan, an increase of 19%, net profit of 18.3 billion, excluding exchange gains and losses if the changes brought by Huawei in 2009 profit increase of 26.5%. The ZTE these two indicators were 36.08% and 48.06% growth rate of more than Huawei.
Objective point of view, the overall income of ZTE still lag behind the size of Huawei, the two companies because there are differences in the overall size, direct comparison between the growth rate is not entirely appropriate, but from the view of revenue growth over the past three years , ZTE and Huawei, narrowing the gap between the trend.
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betty -
About the Author:
I am China Products writer, reports some information about paper mache snowman , nutcracker christmas ornament.
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I am China Products writer, reports some information about paper mache snowman , nutcracker christmas ornament.
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