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 Expenditure exceeds income, but dev spending only at 23 per… Rhino census halted due to funding shortage Security beefed up in Kathmandu Valley for Holi festival Devotees throng Bhimsen Temple in Bhaktapur Low visibility causing domestic, international flight disruption at TIA District administration offices of Kathmandu Valley call for decent Holi… Top Headlines Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy1 Relevance of Prithivi Narayan Shah in Contemporary Nepal2 Photo exhibition at Nepal Army Headquarters3 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’4 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy5 PM Oli, Sri Lankan’s former President meet6 PM Oli extends New Year greetings7 Gold price ups Rs 2,000 per tola8 TRENDING UPAYA CITY CARGO LAUNCHES Version 3.0 Lockdown 2.0: What the Government should do this time around Police make a woman public in connection to Gongabu murder case WAP and the portrayal of the female body as a commodity Why US Indo-Pacific strategy will fail Kulman Ghising’s reappointment issue stirs conflict between Prime Minister Oli, Energy Minister Pun Role of Vitamin D in pregnancy to combat COVID-19 Nepal-India petroleum pipeline saves over a billion rupees in transportation related costs
