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Huawei reports 2022 revenue up 0.9% YoY to ~$93.4B and net profit down 69% YoY to ~$5.2B, its biggest drop since 2011, amid China's COVID rules and US sanctions (Arjun Kharpal/CNBC) 31-03-2023

Arjun Kharpal / CNBC:
Huawei reports 2022 revenue up 0.9% YoY to ~$93.4B and net profit down 69% YoY to ~$5.2B, its biggest drop since 2011, amid China’s COVID rules and US sanctions  —  – Huawei reported net profit for 2022 totaled 35.6 billion yuan ($5.18 billion), a 69% year-on-year decline.


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