Monday, July 25, 2016

Huawei sees turnover rise by 40 percent – NU.nl

This Huawei is growing faster than a year ago, when its sales have increased by 30 percent.

The Chinese company won its first six months of this year a turnover of 245.5 billion yuan (about 33.4 billion euros) compared with 175.9 billion yuan (about 24 mijard euros) last year, as the company announced.

the operating profit margin declined, however, from 18 percent to 12 percent. Huawei has announced no profits.

Earlier this year, Huawei announced that this year it hopes to sell 140 million smartphones. That’s 30 percent more than in 2015.

By: NU.nl

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