ZTE announced its preliminary financial results

The Chinese company ZTE has announced preliminary results for the third quarter of last year, ended for her September 30, 2012

As the company claims, in spite of the increase in revenue as a result of three quarters of this year compared to the same period, ZTE expects a net loss, excluding minority interest of 1.65 - 1.75 billion yuan (263.26 - 279 million up) and change, in comparison to last year, the trend to 254.42% and 263.78%. His loss in the company attributed to four factors:

the current trend in the global economy and in the industry as a whole;
recognition of low-margin contracts in the third quarter;
delay some projects overseas customers;
realignment of purchasing domestic operators.