Huawei’s parent company achieved revenue of 603.3 billion yuan in the first three quarters

On the evening of October 30, Huawei Investment Holdings Co., Ltd. announced its 2019 Q3 financial report. According to the financial report, Huawei Investment Holding Co., Ltd. achieved revenue of 603.3 billion yuan in the first three quarters, a year-on-year increase of 24%, compared with 486.5 billion yuan in the same period last year; net profit of 53.5 billion yuan, a year-on-year increase of 21.86%, compared with 439 million in the same period last year. billion.

It is reported that Huawei Investment Holdings Co., Ltd. is the parent company of Huawei Technologies Co., Ltd., and Ren Zhengfei holds 1.01% of the shares of Huawei Investment Holdings Co., Ltd.

According to the financial report of Huawei Technologies Co., Ltd. in the third quarter of 2019, as of the third quarter of 2019, the sales revenue was 610.8 billion yuan, a year-on-year increase of 24.4%, and the net profit margin was 8.7%. In the consumer business, smartphone shipments in the first three quarters exceeded 185 million units, a year-on-year increase of 26%; Huawei’s terminal cloud services have covered more than 170 countries and regions around the world, with more than 1.07 million registered developers worldwide.