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 Chief Justice Raut administers oath of office to new NRB… Summit Air plane makes emergency landing at TIA after technical… Rain likely in Koshi, Madhesh, Bagmati, Gandaki and Lumbini Sagarmatha Sambaad: To protect mountains is to protect earth, seas… Chinese NPC’s Vice Chairman Xiao Jie in Kathmandu HoR session: Lawmakers demand timely, effective, coordinated disaster-preparedness efforts Top Headlines Relevance of Prithivi Narayan Shah in Contemporary Nepal1 Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy2 Photo exhibition at Nepal Army Headquarters3 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy4 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’5 Gold price ups Rs 2,000 per tola6 PM Oli, Sri Lankan’s former President meet7 PM Oli extends New Year greetings8 TRENDING A phone call that paved the way for RAW Chief’s visit to Nepal Impact of Social Media on Nepalese Society Nepal Army’s mission in Lebanon provides Covid support kits to local municipalities Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki We need to be serious about the international scenario post-Covid: Dr. Nischal N. Pandey Why Are Boys Unexpressive? Police make a woman public in connection to Gongabu murder case This time’s Teej, social distancing please!
