Huawei Sees Robust 34.3% Revenue Surge in H1 2024, Sets Ambitious CNY800 Billion Annual Target

Huawei has reported strong financial results for the first half of 2024, showcasing a significant year-on-year revenue growth of 34.3%. The company’s revenue reached CNY417.5 billion, equivalent to approximately US$58.83 billion. Alongside this impressive revenue figure, Huawei’s net profit margin stood at 13.2%, resulting in a net profit of CNY55.11 billion.