Huawei bills 13.1% year-on-year in the first six months of the year

The Chinese technology giant, Huawei, has announced the turnover in the first six months of the year of 454,000 million yuan (64,897 million dollars, 57,098 million euros), 13.1% more year-on-year.

The information was published in a report on the company’s website, where the firm explains that it offered just another figure, that of the net profit margin, which stood at 9.2%, 0.5 percentage points until June. more compared to the same period in 2019.

According to Huawei in a statement, “countries are now fighting the pandemic, and information and communication technologies (ICTs) have become a key tool, both to wage the battle against the virus as an engine to boost the Economic recovery”.

Nonetheless, the company is committed to maintaining ties with suppliers and other industrial partners to “maintain the functioning of communication networks, accelerate digital transformation and support efforts to contain outbreaks and resume economic activity.”

At the end of March, in the presentation of the 2019 results, the company’s rotating president, Eric Xu, assured that this year would be the “most difficult for Huawei” and that the objective would be none other than surviving the impact of the war. and the coronavirus crisis.

K.Villarroel

Source: bancaynegocios