Huawei has generated 454 billion Chinese Yuan (CNY) in revenue during the first half of 2020, a 13.1% increase year-on-year, with a net profit margin of 9.2%.
Huawei's carrier, enterprise, and consumer businesses achieved CNY159.6 billion, CNY36.3 billion, and CNY255.8 billion in revenue respectively.
The company recently announced its business results for the first half of 2020.
"As countries around the globe are grappling with the Covid-19 pandemic, information and communications technologies (ICT) have become not only a crucial tool for combatting the virus, but also an engine for economic recovery," a press release from Huawei says
Keeping that in mind, Huawei reiterated its commitment to working with carriers and industry partners to maintain stable network operations, accelerate digital transformation, and support efforts to contain local outbreaks and reopen local economies.
The financial data disclosed by the company are unaudited figures compiled in compliance with the International Financial Reporting Standards.