Friday, July 28, 2017

Huawei's half-year financial results point to 36% increase in sales revenue

It's that time of year when financial statements start to circulate. After Q2 reports of record earnings for Samsung and big losses for LG, it's now Huawei's turn to take the floor. In a statement yesterday, the Chinese company announced its half-year figures, headlined by a 36.2% year-on-year increase in sales revenue, totaling CNY105.4 billion.

The revenue gain is likely a result of shipping more phones, a number that also rose to 73.01 million, an increase of 20.6% compared with the first six months of last year.

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Huawei's half-year financial results point to 36% increase in sales revenue was written by the awesome team at Android Police.



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