Despite a $1 billion loss ZTE is seeing light at the end of the tunnel

The Chinese telecom vendor ZTE reported a total annual net loss of over $1 billion from its business in 2018 but is foreseeing returning to profit in Q1 2019.
After a roller-coaster year, ZTE reported a total operating revenue of RMB 85.5 billion ($12.7 billion, at the exchange rate $1=RMB6.7233) in 2018, a 21.4% decline from a year ago. The net loss amounted to RMB 6.9837 billion ($1.04 billion), down from a net profit of RMB 4.57 billion from 2017, or a decline of 253%. After pulling off a sur