Huawei Announces H1 2019 Revenue: 23.2% YoY Growth.
Shenzhen, China, July 30, 2019 – Huawei announced its business results for the first half of 2019: CNY401.3 billion (£47.95 billion) in revenue, a 23.2% increase over the same period last year. The company’s net profit margin for H1 2019 was 8.7%.
According to Huawei’s Chairman, Liang Hua, operations are smooth, and the organization is as sound as ever. With effective management and an excellent performance across all financial indicators, Huawei’s business has remained robust in the first half of 2019.
So despite all the challenges this is a good result.