5
Huawei revenue fell 29%, profit grew in 2021
source link: https://technode.com/2022/03/29/huawei-revenue-fell-29-profit-grew-in-2021/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Posted inNews Feed
Huawei revenue fell 29%, profit grew in 2021
by
TechNode Feed
Mar 29, 2022Mar 29, 2022
Huawei released its 2021 annual report on Monday. Revenue of the telecom giant fell 29% in a year to RMB 636.8 billion ($99.9 billion). But the firm managed to increase its profit significantly, with net profit growing 76% to RMB 113.7 billion, a drastic progression from the 3% net profit growth rate in 2020. The revenues of Huawei’s two main businesses, consumer and carrier, dropped separately by 50% and 7% in 2021. Revenues of its enterprise business grew 2% in the same period. [Huawei press release]
Related
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK