Huawei¡¯s Revenue Reached CNY506.733 Billion in China in 2019, Accounting for 59% of Total Revenues

Updated:2020/4/1 22:52

The latest Huawei annual report released indicates that in 2019, its sales revenue in Chinese market reached CNY506.733 billion, an increase of 36.2% year-on-year, which accounts for 59% of total revenues.

Although global economic growth slowed down and showed a weak trend on the whole in 2019, Huawei still maintains sound and stable overall business. Huawei’s global sales revenue reached CNY858.8 billion, an increase of 19.1% year-on-year, with net profit of CNY62.7 billion, and cash flow from operating activities was CNY91.4 billion, an increase of 22.4% year-on-year.

In other regions, sales revenue from Huawei's business in Europe, Middle East and Africa was CNY206.007 billion, an increase of 0.7% year-on-year. The business in Asia Pacific region, which was affected by the fluctuation of investment cycle of operators and overseas GMS ecological impact of consumer business, was down 13.9% year-on-year with sales revenue of CNY70.533 billion. Sales revenue from the business in the Americas was CNY52.478 billion, an increase of 9.6% year-on-year.

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