Global Tech Giant Huawei Releases Quarterly Report

Published: Apr 28, 2023 19:04

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Huawei's revenues rise 0.8% YoY in Q1 On the afternoon of April 28, Huawei released its operating results for the first quarter of 2023, achieving sales revenue of 132.1 billion yuan, a year-on-year increase of 0.8%, and a net profit margin of 2.3%. Huawei said that the overall operating results were in line with expectations, and the company continued to increase investment in research and development.

Global giant Huawei says 55% of global GDP growth will be driven by digital economy by 2025

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