1, the company grew 26.5% from January to September, net profit fell 21.5%, the overall gross profit margin reached 30.3%; especially in the third quarter, second quarter gross margin increased significantly by 4.6%. We believe that the chain's gross margin increased significantly mainly due to higher gross profit margin of the domestic system equipment to speed up confirmation. 2. ...ZTE: Short-term exchange rate fluctuations do not affect long-term investment value
Thursday, October 27, 2011
ZTE: Short-term exchange rate fluctuations do not affect long-term investment value
1, the company grew 26.5% from January to September, net profit fell 21.5%, the overall gross profit margin reached 30.3%; especially in the third quarter, second quarter gross margin increased significantly by 4.6%. We believe that the chain's gross margin increased significantly mainly due to higher gross profit margin of the domestic system equipment to speed up confirmation. 2. ...ZTE: Short-term exchange rate fluctuations do not affect long-term investment value
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