Huawei's third-quarter 2024 financial report shows revenue growth and net profit decline

2025-01-01 05:57
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Huawei Investment Holding Co., Ltd. released the consolidated and parent company financial statements for the third quarter of 2024, showing that Huawei's operating income in the first three quarters of this year was 585.9 billion yuan, and the net profit attributable to the parent company's owners was 62.868 billion yuan. The third quarter revenue was 168.4 billion yuan, and the net profit was 7.758 billion yuan, an increase of about 15.6% year-on-year, but the net profit fell 70.6% year-on-year.