(MENAFN) Swedish telecommunications equipment maker Ericsson reported a 13-per-cent drop in third-quarter net profit, Xinhua reported.
The net profit of USD357 million compared with USD3 billion kronor in the corresponding period of 2013, German press agency (dpa) reported.
Net sales, however, rose 9 per cent year-on-year to USD57.6 billion, with stronger growth in China, India, the Middle East and Russia.
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