Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, October 23 2019 - 19:06
AsiaNet
Hikvision announces Q3 2019 financial results: 23.12% YoY growth
HANGZHOU, China, Oct. 23, 2019 /PRNewswire-AsiaNet/ --

Hikvision, the world's leading provider of innovative security products and 
solutions, has announced its financial results for the third quarter of 2019. 
During Q3 of 2019, Hikvision generated a revenue of RMB 15.92 billion, having 
achieved a year-over-year (YoY) growth of 23.12%, and net profits attributable 
to shareholders of the Company was RMB 3.81 billion, representing a 
year-over-year growth of 17.31%.

Photo - https://photos.prnasia.com/prnh/20191023/2619556-1-a
(Hikvision Q3 2019 Financial Results: 23.12% YoY growth)

During the period of Q1-Q3, Hikvision accumulated a total operating income of 
RMB 39.84 billion, representing a YoY growth of 17.86%. 

Photo - https://photos.prnasia.com/prnh/20191023/2619556-1-b
(Hikvision Q3 2019 financial results)

The growth of revenue was stable and robust during the first three quarters of 
2019, with consecutive increase every quarter.

Hikvision believes there are increasing security demands and growth 
opportunities in both the Chinese and overseas markets, and will continuously 
strive to provide superior products and services for all customers and partners 
globally.

For the full Q3 2019 financial report, please visit here. 

About Hikvision

Hikvision is a world leading provider of security products and solutions. 
Featuring an extensive and highly skilled R&D workforce, Hikvision manufactures 
a full suite of comprehensive products and solutions for a broad range of 
vertical markets. In addition to the security industry, Hikvision extends its 
reach to smart home tech, industrial automation, and automotive electronics 
industries to achieve its long-term vision. Hikvision products also provide 
powerful business intelligence for end users, which can enable more efficient 
operations and greater commercial success. Committed to the utmost quality and 
safety of its products, Hikvision encourages partners to take advantage of the 
many cybersecurity resources Hikvision offers, including the Hikvision 
Cybersecurity Centre. For more information, please visit us at 
www.hikvision.com. 

SOURCE: Hikvision Digital Technology Co., Ltd.

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   Caption: Hikvision Q3 2019 financial results

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