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 Efforts launched to collect bodies of Russian climbers Dadeldhura bus accident: Death toll reaches five, 12 critically injured… Nepal condemns Israeli attacks against peacekeepers in Lebanon Dashain holidays conclude: govt offices reopen today Around 100 thousand people leave Kathmandu Valley daily for home Five sections of different highways completely obstructed: one way traffic… Top Headlines Nepal, India sign long-term agreement on electricity export, materializing MoU reached during PM’s visit1 NC, Maoist Centre discuss about NA election2 Dhakal recommended as SC chief registrar3 President expresses concern over ’emptying’ villages for lack of employment opportunities4 1.3 kilos of gold confiscated from TIA5 PM Dahal stresses on developing innovative agricultural system6 Govt. forms former-judge Poudel led probe commission to investigate Balkumari incident7 Manpower agency owner arrested for cheating more than Rs 1.9 million8 TRENDING Bamdev Gautam’s appointment as National Assembly member challenged in Supreme Court The origins of MCC and its future in Nepal ‘Visit Sauraha campaign’ to attract tourists Novak Djokovic disqualified from the US Open for hitting line judge Karnali’s Chief Minister Shahi averts no-confidence motion following agreement with Madhav Kumar Nepal-led faction How to learn online CAN categorizes cricketers and signs contracts Prachanda-led NCP launches nationwide protest programs against govt move to dissolve parliament