Huawei adds on a fifth| 01.04.2010
Huawei has published the annual financial report for the year 2009. It is reported that annual revenue increased by 19% and amounted to 21.8 billion $. The net profit for the period
increased to 2.7 billion dollars. Net profit margin amounted to 12.2%.
An independent audit of the financial report was made by an international auditing company KPMG.
Ken Hu, head of sales at Huawei, expects to increase revenue this year by about 20%.