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Ericsson Released 2018 Q4 Earnings Report, Net Loss Sharply Narrowed
Jan 27, 2019

Ericsson recently released its fourth quarter earnings report for 2018. During the reporting period, Ericsson's net loss was 6.5 billion Swedish kronor (about 720 million US dollars), which was significantly narrower than the net loss of 18.5 billion Swedish kronor in the same period last year. During the period, Ericsson lost 1.99 SEK per share, compared with SEK 5.63 in the same period last year.filling gel for optial fiber cable


According to the financial report, in the fourth quarter of 2018, Ericsson's net sales increased from S$57.9 billion in the same period last year to SEK 63.8 billion (US$7.04 billion), with sales up 10% year-on-year. During the reporting period, Ericsson's operating loss was SEK 1.9 billion, compared with an operating loss of SEK 19.3 billion in the same period last year.filling gel for optial fiber cable


Ericsson said, “We will continue to invest in 5G, automation and artificial intelligence while creating value for our customers and shareholders. Although the costs associated with strategic contracts and 5G field trials will affect profit margins in the short term, they will help achieve Our goals for 2020 and 2022 will enhance our business in the long run."filling gel for optial fiber cable


  • Contact Us
    Shenzhen Xinchanglong New Material Technology Co.,Ltd
    Add: A Building,No.114 Xiangxi Xinwei, Songyuanxia Community, Guanlan Street, Longhua New District, Shenzhen
    Tel: +86-755-23779082
    Fax:+86-755-23063739
    Mob:+86-18928450189
    E-mail: sales@gl-polygel.com
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