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Huawei reports strong 34.3% revenue growth in 1H24, targets ambitious CNY800 billion for the year

Jingyue Hsiao, DIGITIMES Asia, Taipei Friday 30 August 2024 0

Credit: AFP

On August 29, Huawei announced its 2024 first-half financial results, showing a robust 34.3% year-on-year revenue increase to CNY417.5 billion (US$58.83 billion), with a net profit margin of 13.2%, translating to a net profit of CNY55.11 billion, a...

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