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Huawei posts revenues up 13% in H1 after better Q2

2020-07-14 08:44:00| Telecompaper Headlines

(Telecompaper) Huawei announced revenues of CNY 454 billion for the first half of 2020, up 13.1 percent from a year earlier. The figures suggest a strong recovery in the second quarter, after the company earlier reported only 1.4 percent growth in Q1. The company said its net profit margin was 9.2 percent in the first half, compared to 7.3 percent reported for Q1. 

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