Huawei revenues rise as it overcomes sanctions
by SAVIOUS KWINIKA JOHANNESBURG – HUAWEI has defied ongoing restrictions to record revenue growth of over 23 percent to CNY401,3 billion (US$58,3 billion) for the first half of 2019. The company’s net profit margin for the period was 8,7 percent. Huawei’s Chairman, Liang Hua, stated that operations were smooth and the organisation […]
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