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Published: 12:00, August 14, 2022
China's tech giant Huawei releases H1 financial results
By Xinhua
Published:12:00, August 14, 2022 By Xinhua

In this undated file photo, a visitor uses his mobile phone while passing by the stand of Huawei during an industry expo in Beijing. (PHOTO PROVIDED TO CHINA DAILY)

SHENZHEN - Chinese tech giant Huawei's revenue reached 301.6 billion yuan (about US$44.7 billion) in the first half of 2022, with a net profit margin of 5 percent, according to the company's semiannual report released on Friday.

As for the company's three main businesses, the carrier business revenue reached 142.7 billion yuan, the revenue from enterprise business amounted to 54.7 billion yuan, and device business revenue hit 101.3 billion yuan.

"While our device business was heavily impacted, our ICT infrastructure business maintained steady growth," said Ken Hu, Huawei's rotating chairman. "Moving forward, we will harness trends in digitalization and decarbonization to keep creating value for our customers and partners, and secure quality development."

READ MORE: Huawei joins e-CNY group


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