Nokia's net sales surge but operating profit weaker than expected

HELSINKI, Oct. 20 (Xinhua) -- Finnish information technology company Nokia's net sales grew by 16 percent in the third quarter of this year, but its operating profit remained below market expectations.

According to its financial report for the third quarter of 2022 published on Thursday, Nokia's net sales reached 6.24 billion euros (6.1 billion U.S. dollars), increasing by 16 percent from 5.40 billion euros in the same quarter one year earlier.