In the first half of 2024, Huawei generated approximately CNY 417.5 billion (around USD 57.3 billion) in revenue, marking a 34.3% year-on-year increase. The company also reported a net profit margin of 13.2%.
“Our overall performance was in line with forecast,” said Eric Xu, Huawei’s Rotating Chairman. “Moving forward, we’ll continue driving high quality across all business processes, optimizing our portfolio to enhance business resilience, and building thriving ecosystems. Ultimately, our goal is to provide customers with even more competitive products and solutions.”