Saturday, October 16, 2021
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Tag: Eric Xu

Huawei reported revenue of $98.6 billion in the first three quarters of 2020, an increase of 9.9% over the same period last year

Huawei Q1 results: Revenue slips 16.5% on lower consumer business growth

Huawei announced its business results for the first quarter of 2021 today. The report says, in Q1, Huawei's net profit margin was up 3.8 percentage points year-on-year at 11.1% but revenue witnessed a 16.5% decrease year-on-year. 
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