Huawei Technologies' first-quarter net profit surges 564% y/y
Huawei Technologies posted a first-quarter net profit of 19.65 billion yuan ($2.71 billion) on revenue of 178.45 billion, a filing showed on Tuesday. Its net profit surged by 564% while revenue advanced 36.
Huawei's Q1 profit soars amid rising challenge to Apple in China - report
Huawei's Q1 net profit jumped 564% year-over-year to $2.7B as the company continues to claw back smartphone market share from Apple.
Huawei Technologies net profit surges 564% as it eclipses Apple in China
"Industry and global markets will remain rife with uncertainty for rest of 2024. Nevertheless, we are continuously building out mechanisms for global business continuity and agile operations," co said
Huawei’s First-Quarter Net Profit Rose More Than Sixfold
Huawei Technologies’ net profit rose more than sixfold in the first quarter, helped by a jump in the Chinese telecommunication equipment maker’s smartphone sales in China.
Huawei's quarterly profit surges as comeback gathers pace
Huawei Technologies's net profit leapt 564% to 19.65 billion yuan ($2.71 billion) in the first quarter, a regulatory filing by its parent company showed on Tuesday, as it continues to recover from U.S.
Chinese Tech Giant Huawei Profit Surges 564%, Biting Into Apple Sales
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.
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