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”可意譯為"resurgence（復興）"。但該公司的業績卻未能“復興”。上周五，這家中國第二大通信設備制造商（以銷售額計）發出預警，稱今年上半年其凈利潤同比跌幅可能高達80%。這意味著該公司今年第二季度凈利潤基本為零，而去年同期的這個數字為6.42億元人民幣。
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