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Chinese telecom equipment maker ZTE reports net profits jump in 2015

Chinese telecom equipment maker ZTE Corp. on Thursday said its net profits in 2015 rose 21.8 percent to 3.2 billion yuan or about 495 million U.S. dollars.

In a filing to the Shenzhen Stock Exchange, ZTE said that its revenues jumped 23 percent year on year to reach 100.2 billion yuan last year.

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