Vendor results - 31/08/06

ZTE reports 1H06 net profits of $44m, down 47%, on revenues of $1.3bn, of which about $819m in China (down 9%) and $500m in emerging countries. The 1H06 operating profit went down to 43% ($63.5m).

LogicaCMG reported 1H06 revenues of €1.7bn, up 39%, while net earnings were down 66% to €13.6m.

JDS Uniphase posts its FY4Q06 net loss of $46m, vs $146m a year ago, on sales rising 86% to $318m.