Thursday, January 15, 2015

Huawei Sales Up 20 Percent Globally



Digital Marketing Agency, IT giant Huawei made an announcement that its global sales reached about $46.29 billion (287bn CNY) in 2014, a 20 percent growth over the previous year.

According to Huawei CFO Wanzhou Meng, Huawei's major businesses are expected to achieve profits of around 34 billion CNY, achieving a profit rate of 12 percent the same as in 2013; both the operating cash flow and debt/asset ratio remained stable.

For Ms Meng, the steady growth of Huawei’s global business in 2014 is mainly attributed to two practices: one is the promotion of the key company value of “Focus on customers, and work hard on a long-term basis”, the other is the management and company restructuring for enhancing efficiency and increasing vitality.

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