Huawei releases commercial results for the first half of 2021

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Huawei released on August 6, 2021, commercial results for the first half of 2021. Overall performance was as forecast.

In the first half, Huawei generated 320,4 billion yuan in revenue, with net profit margin reaching 9,8%[1].

  • Operator business revenue: 136,9 billion yuan
  • Corporate business revenue: 42,9 billion yuan
  • Consumer business revenue: 135,7 billion yuan

“We have set our strategic goals for the next five years,” said Eric Xu, Huawei's Rotating President. “Our goal is to survive and do it sustainably. We will do this by creating practical value for our customers and partners. Despite the decrease in revenue from our consumer business caused by external factors, we are confident that our business with operators and companies will continue to grow in a consistent manner.moment", he said.

He concluded by saying: “These have been challenging times and all of our employees are working with extraordinary determination and strength. I want to thank every member of the Huawei team for their incredible effort. Going forward, we will continue to believe deeply in the power of digital technology to provide new solutions to the problems the world is facing right now. We will continue to innovate to help build a smart, low-carbon world.”

[1] The financial data disclosed herein are unaudited figures compiled in accordance with International Financial Reporting Standards; exchange rate of the finl June 2021: 1 dollar = 6,4576 yuan (source: external agencies)

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