huawei: Huawei Technologies reports 13.7% fall in Jan-Sep net profit

Share This Post

[ad_1]

China’s Huawei Technologies on Thursday reported a 13.7% drop in nine-month net profit despite a 29.6% revenue jump.

Net profit for the January-September period fell to 62.9 billion yuan ($8.83 billion) from 72.9 billion yuan a year earlier on revenue that rose to 585.9 billion yuan from 452.3 billion yuan, the Chinese telecoms giant and smartphone maker said in a statement to the Shanghai Clearing House without elaborating.

($1 = 7.1195 Chinese yuan renminbi)

Discover the stories of your interest

[ad_2]

Source link

spot_img

Related Posts

WitchSpin Casino’s Magical Theme: A Unique Gaming Experience

Online casinos today are not just about winning money....

Norwegian Tourists’ Favorite Online Gaming Destinations for Vacation

As the world becomes increasingly interconnected, many Norwegian tourists...

Non-Disclosure Agreement for Franchise Opportunity Discussions

When discussing franchise opportunities, both the franchisor and potential...

ZF 8HP50 Vaidmuo Hibridiniuose ir Elektriniuose Automobiliuose

ZF 8HP50 yra pažangiausia aštuonių pavarų automatinė transmisija, kuri...

Dating Men in Their 30s: What Changes and What Stays the Same

Navigating the world of relationships can be a unique...

The Calorie-a-Day Strategy: Balancing Nutrition and Weight Loss

When it comes to weight loss, the approach to...
spot_img