2013-04-15
China's Huawei Net Profit Up 24.5% In 2012
Chinese telecom equipment maker Huawei published its audited annual results for 2012. According to the report, Huawei achieved global sales of CNY220.2 billion in 2012; while its net profit increased by 24.5% year-on-year to CNY15.38 billion. At the same time, the company predicted that its compound annual growth rate is expected to maintain a rate [...]