Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, July 30 2020 - 20:45
AsiaNet
Hikvision releases 2020 H1 financial results
HANGZHOU, China, July 30, 2020 /PRNewswire-AsiaNet/ --

Hikvision, an IoT solution provider with video as its core competency, has 
released its financial results for the first half of 2020. During the period, 
Hikvision generated a revenue of RMB 24.27 billion with a year-over-year (YoY) 
increase of 1.45%, and net profits attributable to shareholders of the company 
was RMB 4.62 billion, reflecting a YoY growth of 9.66%. 

Photo - https://photos.prnasia.com/prnh/20200730/2871957-1-a
(Caption: Hikvision 2020 H1 Financial Results)

Photo - https://photos.prnasia.com/prnh/20200730/2871957-1-b 
(Caption: Hikvision 2020 H1 Financial Results)

Hikvision's revenue in overseas markets achieved solid growth, amounting to RMB 
7.54 billion, with a YoY growth of 8.63%.

Having encountered unusual global social and economic conditions in the first 
half of 2020, Hikvision adapted its operations and succeeded in making 
technological innovations meet customers' needs, which helped to overcome 
challenges and keep development steady. Hikvision will continuously work 
closely with its partners to maintain stable operations, create value for 
customers, and build more safety, efficiency and sustainability for communities 
around the world.  

For the full 2020 H1 financial report, please visit here 
(https://www.hikvision.com/content/dam/hikvision/en/brochures/hikvision-financia
l-report/Hikvision-2020-Half-Year-Report.pdf).

About Hikvision

Hikvision is an IoT solution provider with video as its core competency. 
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 2020 H1 Financial Results

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   Caption: Hikvision 2020 H1 Financial Results

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