By : Bakinam Khaled
Huawei, a leading global provider of information and communications technology (ICT), has announced its business results for the first half of 2022, demonstrating an overall performance in line with the company’s forecast.
In 2022 H1, Huawei generated CNY301.6 billion ($45 billion) in revenue, with a net profit margin of 5.0%. The Carrier BG contributed CNY142.7 billion ($21.3 billion), the Enterprise BG CNY54.7 billion ($8.1 billion), and the Device BG CNY101.3 billion ($15.1 billion).
"While our device business was heavily impacted, our ICT infrastructure business maintained steady growth," said Ken Hu, Huawei's Rotating Chairman.
"Moving forward, we will harness trends in digitalization and decarbonization to keep creating value for our customers and partners, and secure quality development."
