ZTE Corp swings to first-quarter profit of 862.6 million yuan

ZTE Corp reported a first-quarter profit of 862.6 million yuan, as expected, up from 276 million yuan in the preceding three months, as it recovered from last year's U.S. sanctions, and forecast a net profit of 1.2 billion yuan to 1.8 billion yuan in the first half of the 2019.

from Reuters: Technology News https://reut.rs/2GQZYY0