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

Soft Play Bus Essex – Mobile Party Venue on Wheels

In the world of children’s entertainment, creativity and convenience...

Little Glam Queens Rejoice: Pamper Bus Parties Are Here to Wow

A Mobile Spa Experience Designed for Kids’ DelightFor young...

How to Enjoy Grace Bay Turks and Caicos Luxury Without Breaking the Bank

Introduction: Paradise on a BudgetGrace Bay Turks and Caicos...

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...
spot_img