{"id":3360,"date":"2020-10-29T15:24:57","date_gmt":"2020-10-29T09:39:57","guid":{"rendered":"https:\/\/english.kathmandupati.com\/?p=3360"},"modified":"2020-10-29T15:24:57","modified_gmt":"2020-10-29T09:39:57","slug":"huaweis-revenue-goes-up-by-9-9-in-q3-of-2020-to-over-98-58-billion","status":"publish","type":"post","link":"https:\/\/english.kathmandupati.com\/?p=3360","title":{"rendered":"Huawei\u2019s revenue goes up by 9.9% in Q3 of 2020 to over $98.58 billion"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>KATHMANDU &#8211;<\/strong> 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.<\/p>\n<p style=\"text-align: justify;\">The company&#8217;s net profit margin in this period was 8 percent, according to the statement. \u201cThroughout the first three quarters of 2020, Huawei&#8217;s business results basically met expectations,\u201d read the statement.<\/p>\n<p style=\"text-align: justify;\">\u201cAs the world grapples with COVID-19, Huawei&#8217;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,\u201d it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KATHMANDU &#8211; 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&#8217;s net [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-3360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nepal"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Huawei\u2019s revenue goes up by 9.9% in Q3 of 2020 to over $98.58 billion - KathmanduPati<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.kathmandupati.com\/?p=3360\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Huawei\u2019s revenue goes up by 9.9% in Q3 of 2020 to over $98.58 billion - KathmanduPati\" \/>\n<meta property=\"og:description\" content=\"KATHMANDU &#8211; 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. 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