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 PM Oli urges all to work on dengue control Prime Minister Oli Lauds Global Peacekeepers Two Indians arrested in Kapilvastu with 20.5 million Indian rupees Kulekhani-Sisneri road opens Roads to Kulekhani, Sisneri to remain closed for three days Vitamin ‘A’ and de-worming tablets being administered to children today… 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 1.3 kilos of gold confiscated from TIA4 President expresses concern over ’emptying’ villages for lack of employment opportunities5 Govt. forms former-judge Poudel led probe commission to investigate Balkumari incident6 PM Dahal stresses on developing innovative agricultural system7 Manpower agency owner arrested for cheating more than Rs 1.9 million8 TRENDING National Poet Madhav Prasad Ghimire no more Hungry people out on streets, but the government nowhere to be seen The envisioned Defense University and its rationale Role of Vitamin D in pregnancy to combat COVID-19 DIG Bishwaraj Pokharel recommended for Nepal Police AIG promotion China’s new light-sport aircraft completes maiden flight Interview with Nepal’s first female paragliding pilot on World Tourism Day ANM and Lab Assistant trainings to no longer be provided in Nepal, task force created for solution