The financial report shows that in the first quarter of 20021the company achieved sales revenue of152.2 billion yuan, down16.5% year-on-year; The company's network business continued to grow steadily; Affected by factors such as brand glory of smart terminals sold in June 5438+065438+ 10, 2020, consumers' business income declined.
However, Huawei's net profit margin has increased. The net profit margin of this quarter was 1 1. 1%, up 3.8 percentage points year-on-year. Huawei said that this mainly benefited from the improvement of the company's operation quality and management efficiency, and benefited from the receipt of a patent licensing fee of 600 million US dollars.
Xu Zhijun, rotating chairman of Huawei, said: "20021is still a challenging year for Huawei, but it is also the beginning of Huawei's future development strategy. Thanks to the long-term trust of customers and partners in Huawei, we will actively face the test, maintain business resilience, adhere to customer-centric, achieve quality survival, and continue to create commercial value for customers. "
Huawei said that it will continue to give full play to the value of 5G, meet the needs of global 5G network construction, industry and consumers, and improve delivery efficiency. In the field of software, Huawei has further enhanced its software engineering capabilities, increased its investment in the software industry, and gradually increased its revenue share of software and services.
Xu Zhijun stressed: "Huawei still insists on continuous technological innovation and strong R&D investment, solves the problem of continuous supply under sanctions, and continues to conduct breakthrough research around basic science and cutting-edge technologies."
Editor/Fan Hongwei