Huawei’s revenue in the first quarter fell 13.9% Hu Houkun: Consumer business was greatly affected

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The Paper reporter Zhou Ling

On April 28, Huawei released its operating results for the first quarter of 2022, achieving sales revenue of 131 billion yuan, a year-on-year sales revenue of 152.2 billion yuan, down 13.9%; during the period, the net profit margin was 4.3%, and the net profit in the same period last year. The rate was 11.1%.

Hu Houkun, Rotating Chairman of Huawei, said: “The overall operating results were in line with expectations. The consumer business was greatly affected, and the ICT infrastructure business achieved steady growth. In addition, the company has increased investment in research and development to maintain the ability to continuously innovate and create new products for customers. value.”

Hu Houkun said: “Thanks to customers and partners for their trust and support to Huawei. In 2022, the external environment is complex and changing, and operations will face great challenges. Huawei will work closely with customers and partners around the world to overcome the difficulties together.”

(Original title: Huawei’s sales revenue in the first quarter fell by 13.9% year-on-year, and its net profit margin fell to 4.3%)

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