Huawei grows revenues 8%, profits 33% in 2012

Monday 21 January 2013 | 09:37 CET | News
Huawei expects its revenues to have risen by 8 percent to CNY 220.2 billion and its net profit by 33 percent to CNY 15.4 billion in 2012, announced group CFO Cathy Meng. Around 70 percent of revenue was generated from leading telecom operators, including 45 of the world's top 50. The carrier network business had CNY 160.3 billion of sales, the consumer business CNY 48.4 billion with continued growth in Europe and Japan, and the enterprise business CNY 11.5 billion. International markets accounted for 66 percent of group revenue last year. The company invested CNY 29.9 billion in R&D last

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Try more access to meet your needs.

  • More frequent visitors may register for free and read up more articles. Register here
  • Very frequent users can subscribe and get unlimited access.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Huawei
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Huawei grows H1 revenues 5%, profits fall

Published 24 Jul 2012 14:50 CET | World
Huawei Technologies reported first-half revenues of CNY 102.7 billion, an increase of 5.1 percent over the first half of 2011. ...

Huawei sees African revenue up by up to 30% in next 3 years

Published 14 Nov 2012 12:05 CET | Africa
China-based Huawei says revenue in southern and eastern Africa may climb by as much as 30 percent in the next three years. Li ...

Huawei returns to profit growth in 2012

Published 05 Jan 2013 14:41 CET | World
Huawei announced a return to growth in profits for 2012, after a sharp fall in 2011. The Chinese equipment maker recorded over 10 ...

ZTE expects Q1 profit, warns for 2012 net loss

Published 21 Jan 2013 02:05 CET | China
Chinese equipment maker ZTE expects to report a profit in Q1 and attributes this to its operational review and strategic ...

Huawei boekt omzetgroei van 8 procent in 2012

Published 21 Jan 2013 10:26 CET | World
Huawei verwacht dat de omzet van het bedrijf in 2012 met 8 procent is toegenomen tot 220,2 miljard yuan, ongeveer 27 miljard ...

Huawei targets CAGR of 10%

Published 08 Apr 2013 09:22 CET | World
Huawei said it's optimistic about the market outlook and targets a compound annual growth rate of 10 percent in the coming five ...

Huawei reports H1 sales up 10.8% to CNY 113.8 bln

Published 24 Jul 2013 09:46 CET | World
Huawei reported sales up 10.8 percent year-on-year to CNY 113.8 billion in the first half, driven by steady growth in carrier ...

3 Austria's market share of services revenues: 26%
Austria  |  2015 Q4