Seeing a big change under the US embargo Huaweipublished the 2021 annual report, which hosts important data today. published.
Organized an event today Huaweishared its financial results for 2021 together with the Annual Report it published. In summary, the following statement came from the company: “Having a revenue of Yuan 636.8 billion ($99.9 billion) and a net profit of Yuan 113.7 billion ($ 17.8 billion) through its operations over the past year, Huawei increased its annual profit by 75.9%. The company’s R&D spending reached Yuan 142.7 billion ($22.4 billion) in 2021, accounting for 22.4% of total revenue. According to these results, the company has spent more than 845 billion Yuan ($ 132.5 billion) on R&D in the last 10 years. Huawei plans to increase its R&D investments in the coming period. “
From Huawei’s Rotating CEOs Guo Ping, He held a meeting on the subject in Shenzhen, China, where Huawei is headquartered. In the ping description; “I would say that overall our performance is in line with our estimates. While maintaining our position in the business group responsible for mobile operators, we continued our steady rise in corporate business solutions. While we make a difference with our innovative solutions in consumer products, we also witness the rapid development of the ecosystem together.” said.
CFO of the company Meng Wanzhou in his speech; “Despite some declining revenues in 2021, we see our ability to generate profits and cash flow has increased. We are now more successful in dealing with uncertainties. With the increase in profit rate, Huawei’s cash flow increased significantly to 59.7 billion yuan ($9.4 billion) in 2021. We managed to achieve a more durable and flexible structure with the financial responsibility ratio falling to 57.8%” said.
Guo Ping In his speech, he also made the following statements: “Huawei; will continue to work within the framework of digitalization, smart transformation and zero carbon emissions. We aim to increase our long-term competitiveness with architecture and software based on talent, scientific research and innovation.”
Kaan Arlı, one of the important names of Huawei in Turkey to share According to Huawei, BrandFinance 2022 According to the report, with a 29 percent year-on-year growth and a value of 71.2 billion dollars, Among the world’s most valuable electronics brands He managed to maintain his place in the 3rd place.
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Despite the decline in the phone market, the company, which has achieved incredible revenues in other areas, also shared the following on Twitter today. made: “Even though we have been through tough times, we have not stopped investing in the future in 2021.. Watch our #BuildingForTomorrow video that shines a light on tomorrow.”