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Huawei grows H1 sales 40% to CNY 245.5 billion

2016-07-25 08:33:00| Telecompaper Headlines

(Telecompaper) Huawei announced its sales rose 40 percent year-on-year in the first half of 2016 to CNY 245.5 billion. The company's operating margin was 12 percent. CFO Sabrina Men said the company achieved "steady growth" across all three of its business groups, but did not provide further results. She said Huawei is expected to "maintain its current momentum" in the rest of the year.

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