Monday, March 28, 2022

Huawei reports 2021 revenue dropped 28.5% YoY to $99.9B, its first-ever yearly revenue decline as US sanctions continue, but net profit rose 75.9% YoY to $17.8B (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Huawei reports 2021 revenue dropped 28.5% YoY to $99.9B, its first-ever yearly revenue decline as US sanctions continue, but net profit rose 75.9% YoY to $17.8B  —  - In 2021, Huawei brought in revenue of 636.8 billion Chinese yuan ($99.9 billion), a 28.5% year-on-year decline.



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