Huawei's operating results meet expectations

Updated:2021/11/2 14:14

Huawei achieved sales revenue of RMB 455.8 billion and a net profit margin of 10.2% in the first three quarters of 2021. Huawei's Rotating Chairman Guo Ping said the overall operating results were in line with expectations.

Impacted by the four rounds of US sanctions and other external unfavourable factors, the To C business has been greatly affected and To B business performance is stable. In recent years, the revenue of To C business has accounted for more than half of its overall revenue.

Guo Ping said: “We will continue to strengthen technical innovation, R&D investment and talent attraction and keep improving operation efficiency. We are confident we will unceasingly create values for our customers and the society”.

Besides, he thanked the customers and partners for their trust and support. He expressed his hope for the world to get sustainable development through digital technology and the dedication of all the Huawei staff.

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