Huawei generates CNY456.6 Bn. Revenue in 13Q 2023

Huawei announced its business results for the first three quarters of 2023 yesterday and said that during this period generated CNY456.6 billion in revenue, with a year-on- year increase of 2.4% and a net profit margin of 16.0%. (US$1=CNY7.3095)

The company’s performance is in line with forecast said Ken Hu, Huawei’s Rotating Chairman. “Moving forward, we will continue to increase our investment in R&D to make the most of our business portfolio and take the competitiveness of our products and services to new heights. As always, our goal is to create greater value for our customers, partners, and society.” Exchange rate at the end of September 2023

(source: external)

The post Huawei generates CNY456.6 Bn. Revenue in 13Q 2023 appeared first on DailyNews.