Recently, Huawei released its financial report for the first quarter of 2020, showing that the company achieved revenue of 182.2 billion yuan in this quarter, a year-on-year increase of 1.4%, and a net profit of 13.3 billion yuan, with a net profit margin of 7.3%. Huawei said the financial report was in line with the company’s expectations at Huawei.
Due to the impact of the epidemic, Huawei’s production, sales, distribution and other processes have slowed down to a certain extent, but Ren Zhengfei also said in an interview that after the outbreak of the epidemic, the value of advanced information technology will be further recognized, and the speed of network construction will be accelerated.
Despite the impact of the epidemic, more pressure on Huawei comes from the blockade of some Western countries, but judging from Huawei’s latest financial report data, Huawei can be said to be more and more courageous, and has achieved good results in all aspects.
Not long ago, Ren Zhengfei said in an interview with foreign media. In the past first year, the company has achieved great success, not only the performance is very good, but also the company’s reputation has improved significantly. The most grateful, of course, is Mr. Trump, because his prestige is very high. Originally, many people didn’t know what Huawei was, but now everyone knows it. Ren Zhengfei said that before, many people still had doubts about Huawei, even within China, but after this incident, most people have completely lifted their doubts. What they didn’t expect was that Huawei turned out to be so powerful that it allowed its opponents to use the power of the whole country to suppress it. As a result, more and more consumers are buying Huawei equipment, which is really helpful. Just for that, thank you Trump.