Monday, June 20, 2011

Huawei released audited 2010 financial results - Huawei a world-leading telecom solutions provider

Huawei released audited 2010 financial results - Huawei a world-leading telecom solutions provider

Huawei released its audited full-year 2010 financial results with a growth of 24.2% over the previous year

Huawei a world-leading telecom solutions provider, who consolidated its advantaged position in Telecom Networks and continued to create value for customers with products and solutions that fulfilled customer needs released its audited full-year 2010 financial results highlighted by sales revenues and reported growth of CNY 185.2 billion, a growth of 24.2% over the previous year.

Huawei also reported an increased net profit of CNY 23.8 billion, up 30.0% from 2009, and net profit margin of 12.3 %. The financial results were independently audited by international accounting firm KPMG. Huawei maintained steady growth

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