Tag Archive | "Loss"

BRIEF-Shenzhen Kaifa Technology expects Q1 net loss at 110-120 mln yuan

BRIEF-Shenzhen Kaifa Technology expects Q1 net loss at 110-120 mln yuan April 14 (Reuters) – Shenzhen Kaifa Technology Co Ltd. * Says expects Q1 net loss at 110-120 million yuan ($ 17.71-$ 19.32 million) versus net profit of 32.5 million yuan previous year. Source text in Chinese: link.reuters.com/fad58v. Further company … Read more on Reuters

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ZTE to Post Third-Quarter Loss

ZTE to Post Third-Quarter Loss 2 in the industry by sales, after Huawei Technologies Co., didn't elaborate on the statement, made in a filing with the Shenzhen Stock Exchange. But the forecast marked a departure from last year, when ZTE posted a net profit of 299 million yuan … Read more on Wall Street Journal

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