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 Foreign Minister Dr. Rana in Chengdu Weather to remain fair across the country US says China releases three ‘wrongfully detained’ Americans Foreign Minister Rana off to China Minister Paudel for securing optimum benefits from limited resources Road accident in Bhaktapur: One dead, another critical 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 President expresses concern over ’emptying’ villages for lack of employment opportunities3 1.3 kilos of gold confiscated from TIA4 Dhakal recommended as SC chief registrar5 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 Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector A phone call that paved the way for RAW Chief’s visit to Nepal What role has the Nepal Army been playing in controlling the coronavirus? National Poet Madhav Prasad Ghimire no more Public Relations for a Soldier Impact of Social Media on Nepalese Society Army Day : Five facts about Nepal’s ‘blue helmets’ in UN-peacekeeping missions We need to be serious about the international scenario post-Covid: Dr. Nischal N. Pandey
