Huawei releases operating results for the first half of 2024

Huawei announced its operating results for the first half of 2024 on the afternoon of August 29. The report showed that Huawei achieved sales revenue of 417.5 billion yuan, a year-on-year increase of 34.3%, and a net profit margin of 13.2%. Based on this calculation, Huawei's net profit in the first half of the year was 55.11 billion yuan, a year-on-year increase of 18.2%. This is also the first time in Huawei's history that its half-year net profit has exceeded 50 billion yuan.