Huawei: revenue of 445.8 billion yuan in the first three quarters of 2022 fell 2.19% from a year earlier, with a net profit margin of 6.1%.

According to CTOnews.com news on October 27, Huawei today released its operating results for the first three quarters of 2022, with sales revenue of 445.8 billion yuan in the first three quarters, down 2.19% from a year earlier, and a profit margin of 6.1% for its main business.

Xu Zhijun, chairman of Huawei, said: "the overall operating results are in line with expectations, the downward trend of terminal business continues to slow, and the ICT infrastructure business has maintained steady growth. Huawei will continue to attract outstanding talent, continue to invest in research and development, continue to enhance the competitiveness of products, and create value for customers and society."

CTOnews.com learned that in the first three quarters of 2021, total revenue was 455.8 billion yuan, with a net profit margin of 10.2%. In the first three quarters of 2020, the total revenue was 671.3 billion yuan and the net profit margin was 8.0%.