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Huawei reports H1 revenue down 5.9% YoY to ~$44.73B and net profit down 52% YoY to ~$2.2B, due to a weak economy, COVID-19 disruptions, and supply chain issues

huawei h1 yoy 44.73b 2.2b

David Kirton / Reuters:
Huawei reports H1 revenue down 5.9% YoY to ~$44.73B and net profit down 52% YoY to ~$2.2B, due to a weak economy, COVID-19 disruptions, and supply chain issues —  Huawei Technologies (HWT.UL) said on Friday its first-half net profit more than halved as a difficult economy curtailed demand from customers …
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