Huawei achieves 9.8 percent profit rate in the first half of the year_China.org.cn

Huawei Technologies Inc. announced Friday that its sales amounted to 320.4 billion yuan ($49.6 billion) in the first half of this year, with a net profit rate of 9.8 percent. The Chinese tech giant said this result is in line with previous expectations.

Divided into individual corporate units, it becomes clear that the Carrier Business Group division in particular achieved high sales (136.9 billion yuan). Sales of the consumer business unit reached 135.7 billion yuan and the enterprise business division reached 42.9 billion yuan.

Xu Zhijun, Rotating President of Huawei, said, “We have set our strategic goals for the next five years (…) Our goal is to survive and do so in a sustainable way. We will achieve this by creating practical values ​​for our customers and partners. Although sales have declined in our consumer business due to factors Externally, we are confident that our transportation and enterprise business will continue to grow steadily.”

He continued, “These have been difficult times and all our employees at the company have worked with extraordinary determination and strength. I would like to thank every member of the Huawei team for their incredible dedication. Moving forward, we firmly believe in the power of digital technology to find new solutions to the problems the world is currently facing. We will continue Innovation to create a smart, low-carbon world.”