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8/12, 10:23 AM (Source: TeleTrader)
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Huawei says H1 revenue came in at $45B

Huawei Technologies Co. Ltd. reported on Friday that its revenue in the first half of fiscal 2022 stood at 301.6 billion yuan ($44.79 billion) with a net profit margin of 5%.

The Carrier business group brought in almost half of the six-month revenue, 142.7 billion yuan, followed by the Device sector with 101.3 billion yuan and the Enterprise unit with 54.7 billion yuan.

"While our device business was heavily impacted, our ICT [information and communications technology] infrastructure business maintained steady growth. Moving forward, we will harness trends in digitalization and decarbonization to keep creating value for our customers and partners, and secure quality development," the company's Rotating Chairman Ken Hu commented.

Baha Breaking News (BBN) / MS