Huawei has reported its business performance for the first half of 2024, stating that overall it is in line with the company’s expectations. Total revenue in the first half of 2024 stood at 4.175 trillion yuan, marking a 34.3% increase compared to the same period in the previous year, with a net profit margin of 13.2%.
Eric Xu, CEO of Huawei, mentioned that the company continues to deliver high-quality products and improve its operational processes to adapt to changes in the industry. They strive to remain competitive in the market with innovative products and solutions.
Source: Huawei
TLDR: Huawei’s business performance for the first half of 2024 shows a significant increase in revenue and a strong focus on delivering quality products and improving operational efficiency to stay competitive in the market.
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