Future Tech

Huawei Technologies' first-quarter net profit surges 564% y/y

Tan KW
Publish date: Tue, 30 Apr 2024, 07:46 PM
Tan KW
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Future Tech

BEIJING - 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 36.7%, based on calculations comparing the data from its results a year earlier.

 


  - Reuters

 

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