BSS-38 Huawei fetches revenue growth in Q3

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BSS-38

HUAWEI-REVENUE

Huawei fetches revenue growth in Q3

DHAKA, Oct 25, 2020 (BSS) – Chinese technology giant, Huawei in the first three quarters of 2020 generated US$ 98.57 billion in revenue, an increase of 9.9 percent over the same period last year.

The company’s net profit margin in this period was 8.0% percent by meeting the business results in the quarters, said a press release today.

As the world grapples with COVID-19, Huawei said its global supply chain is being put under intense pressure while products and operations face significant challenges.

The company continues to do its best to find solutions, survive and forge forward and fulfill its obligations to customers and suppliers, added the release.

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