Hangzhou Hikvision Digital Technology : Hikvision announces 2021 first half-year financial results
July 29, 2021 at 03:37 am EDT
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2021
Hikvision announces 2021 first half-year financial results
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July 29, 2021 - Hikvision, an IoT solution provider with video as its core competency, has announced its financial results for the first half of 2021. During the reporting period, Hikvision generated a revenue of RMB 33.90 billion with a year-over-year (YoY) growth of 39.68%. Net profits attributable to shareholders of the listed company were RMB 6.48 billion, reflecting a YoY growth of 40.17%.
Hikvision's revenue in overseas markets amounted to RMB 9.47 billion, with a YoY increase of 25.53%.
In the first half-year of 2021, Hikvision further expanded its investment in R&D, to RMB 3.88 billion, which accounted for 11.44% of the revenue.
Amid continuing uncertainties in the global environment, Hikvision remains focused on technological innovation and optimizing operations to maintain solid company development and value creation for its customers.
For the full 2021 first half-year financial report, please click here.
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Hikvision Digital Technology Co. Ltd. published this content on 28 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 07:36:09 UTC.
Hangzhou Hikvision Digital Technology Co, Ltd. is one of the world's largest video surveillance equipments distributors. The group provides digital video recorders, network video recorders, high definition IP camcorders, compression cards, digital video servers and speed domes.
China accounts for 71.5% of net sales.