[Huawei’s profit margin in the first three quarters of this year exceeded last year’s full year] Today, Huawei issued three quarterly reports. In the first nine months of this year, revenue exceeded 610.8 billion yuan, a year-on-year increase of 24.4%. The mobile phone shipments that everyone cares about are also 26%.
It is not easy to achieve this result, especially the overall profit rate is 8.7%, which is higher than the 2018 full-year profit margin. The side reflects the success of the mid-to-high-end strategy. If there is no US block, the figure should be close to 10%.
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