Huawei Net Profit Drops 32% in the First Half of 2025 Despite Revenue Growth · TechNode
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Huawei net profit drops 32% in the first half of 2025 despite revenue growth · TechNode
Huawei on Friday reported a 32% year-on-year decline in first-half net profit, despite modest revenue growth, as rising costs and investment pressures weighed on earnings. The company posted revenue of RMB 427.04 billion ($58.5 billion) for the six months ended June, up 3.95% from a year earlier. Net profit came in at RMB 37.195 billion ($5.1 billion). R&D spending rose 9.04% to RMB 96.95 billion ($13.3 billion), representing 22.7% of revenue, a…
Huawei sees profits decline in H1 due to large R&D spending
Huawei said its revenues rose 4% to CNY 427 billion in H1, marking its strongest first-half revenue since 2020 In sum – what to know: Profit falls despite revenue growth – First-half net profit dropped 32% to CNY37 billion, even as revenue rose 4% to CNY427 billion, the company’s strongest since 2020. R&D spending accelerates […]
Huawei H1 profit drops 32%
Huawei Technologies saw a nearly one-third decline in profit in the first half of the year, despite reclaiming the throne in China’s smartphone market, according to a filing from its shareholding entity Huawei Investment & Holding, reports the South China Morning Post. Net profit during the period fell 32% year on year to RMB 37.2 billion […]
Huawei Faces Plummeting Profits as It Bets Boldly on Future Growth
Huawei is experiencing a significant decline in profits, highlighting ongoing challenges for the Chinese tech giant. Despite these setbacks, the company is focusing on long-term strategies and investments to secure its future growth amid a rapidly evolving technology landscape.
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