You are using an older browser version. Please use a supported version for the best MSN experience.

Huawei reports 19-pct revenue growth in 2019

N.C.N. Limited logo N.C.N. Limited 31/03/2020 马云飞,白瑜
a tall building © Provided by N.C.N. Limited

The Huawei headquarters in Shenzhen, south China's Guangdong Province, July 30, 2019. (Xinhua/Mao Siqian)

SHENZHEN, March 31 (Xinhua) -- Chinese tech giant Huawei's sales revenue in 2019 rose 19.1 percent year on year to 858.8 billion yuan (about 121.1 billion U.S. dollars), the company announced Tuesday.

The company registered 62.7 billion yuan of net profit last year, increasing 5.6 percent year on year, down from a 25.1-percent increase in 2018.

Revenue from Huawei's consumer business accounted for more than half of the company's total gain in 2019, representing a robust growth of 34 percent year on year to 467.3 billion yuan, with revenue from enterprise and carrier business segments also increasing. 

image beaconimage beaconimage beacon