October 29, 2021 - Hikvision, an IoT solution provider with video as its core competency, has reported its financial results for the third quarter of 2021. During the quarter, Hikvision gained RMB 21.73 billion revenue with a year-over-year (YoY) increase of 22.41%. Net profits attributable to shareholders of the listed company in the third quarter were RMB 4.48 billion, reflecting a YoY growth of 17.54%.
From Q1 to Q3 2021, Hikvision accumulated a total revenue of RMB 55.63 billion with a YoY growth of 32.38%, and the accumulated net profits attributable to shareholders was RMB 10.97 billion, representing a YoY growth of 29.94%.
Amid continued external uncertainties, Hikvision will remain focused on creating value for customers with diversified products and solutions. The company will also continue building customer-oriented service operations, and fully leveraging flexible manufacturing capabilities to maintain steady development of the company.
For the full Q3 2021 financial report, please click here.
Attachments
Original document
Permalink
Disclaimer
Hikvision Digital Technology Co. Ltd. published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2021 06:27:03 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.
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD. 
