Country for PR: China
Contributor: PR Newswire Asia (China)
Saturday, October 30 2021 - 01:53
AsiaNet
Hikvision reports Q3 2021 financial results
HANGZHOU, China, Oct. 29, 2021 /PRNewswire-AsiaNet/ --

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 ( 
https://www.hikvision.com/content/dam/hikvision/en/brochures/hikvision-financial-report/Hikvision-2021-Q3-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 Center. For more information, please visit us at 
www.hikvision.com.

Source: Hikvision Digital Technology

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