Huawei Group records revenue of 42.96 billion USD

SGGPO August 15, 2023 11:22

Huawei Group announced its business report for the first half of 2023, recording overall business results in line with forecasts.

Huawei's ICT infrastructure business continues to grow steadily

In the first half of 2023, Huawei recorded revenue of 42.96 billion USD, up 3.1% year-on-year with a net profit margin of 15%. Accordingly, revenue from Huawei's ICT infrastructure and consumer devices businesses reached 23.10 billion USD and 14.30 billion USD, respectively. Meanwhile, Huawei's Cloud, Digital Power and Intelligent Automotive Solution (IAS) businesses achieved revenue of 3.33 billion USD; 3.34 billion USD and 137.8 million USD, respectively.

Ms. Meng Wanzhou, Huawei's Rotating Chairwoman, said: "I would like to thank Huawei's customers and partners for their continuous support. I would also like to thank the solidarity and dedication of all Huawei employees."

"In the first half of 2023, Huawei's ICT infrastructure business continued to develop sustainably and steadily. The consumer device segment also recorded signs of growth. In particular, there was strong development in the two businesses of Huawei Cloud and Huawei Digital Power. In addition, our products participating in the field of intelligent connected vehicles also continued to maintain their competitiveness in the market," Ms. Meng Wanzhou added.

Source: https://www.sggp.org.vn/tap-doan-huawei-ghi-nhan-muc-doanh-thu-4296-ty-usd-post701649.html