गृहपृष्ठ ∕ Nepal ∕ Huawei’s revenue goes up by 9.9% in Q3 of 2020 to over $98.58 billion Nepal Huawei’s revenue goes up by 9.9% in Q3 of 2020 to over $98.58 billion KathmanduPati October 29, 2020 KATHMANDU – Huawei has announced its business results for the first three quarters of 2020. Issuing a statement, the global provider of information and communications technology (ICT) infrastructure and smart devices said that it generated CNY671.3 billion (approximately $98.58 billion) in revenue, an increase of 9.9% over the same period last year. The company’s net profit margin in this period was 8 percent, according to the statement. “Throughout the first three quarters of 2020, Huawei’s business results basically met expectations,” read the statement. “As the world grapples with COVID-19, Huawei’s global supply chain is being put under intense pressure and its production 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,” it added. Write your comments RELATED NEWS Former President urges global action on climate justice UN climate fund approves $20 Million for Nepal flood recovery RSP President begins three-day pilgrimage to India Nepal, India discuss future of global cooperation Nepali Congress urges government to protect citizens after Saudi drone… Indian Foreign Secretary to visit Nepal ahead of Balen’s India… Top Headlines Nepal “a Buffer State”: Rethinking foreign policy in relative terms1 Monsoon is predictable and Nepal’s disaster response should be too2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 PM Shah pledges Krishnabhir highway reopening within month5 Before the Ballots: How Oli Lost the Political Narrative6 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward7 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns8 TRENDING Pathao, Tootle resume ride sharing services after authorities relax lockdown We need to be serious about the international scenario post-Covid: Dr. Nischal N. Pandey Nepal Army’s Brigadier General Bigyan Dev Pandey gets promoted to Major General Govt Making Preparations to Reduce the Tenure of Armed Police Force’s IG to Three Years The envisioned Defense University and its rationale Tourism entrepreneurs get crash course in Chinese language United front against China -Suresh Sharma Empowering the Journey of Digital Nepal Through Connectivity and Data
