Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, July 29 2021 - 22:12
AsiaNet
Hikvision announces 2021 first half-year financial results
HANGZHOU, China, July 29, 2021 /PRNewswire-AsiaNet/ --

Hikvision, an IoT solution provider with video as its core competency, has 
announced its financial results for the first half of 2021. During the 
reporting period, Hikvision generated a revenue of RMB 33.90 billion with a 
year-over-year (YoY) growth of 39.68%. Net profits attributable to shareholders 
of the listed company were RMB 6.48 billion, reflecting a YoY growth of 40.17%. 

Key accounting data of Hikvision 2021 first half-year financial results
 
			2021 first 		2020 first	   YoY 
			half year		half year	   change (%)		
 
Operating 		33,902,098,368.10	24,271,159,243.76  39.68%
income (RMB)
 
Net profits 
attributable to 
shareholders of 
the listed 
company (RMB)		6,481,424,653.39	4,623,972,830.87    40.17%

Hikvision's revenue in overseas markets amounted to RMB 9.47 billion, with a 
YoY increase of 25.53%.

In the first half-year of 2021, Hikvision further expanded its investment in 
R&D, to RMB 3.88 billion, which accounted for 11.44% of the revenue. 

Amid continuing uncertainties in the global environment, Hikvision remains 
focused on technological innovation and optimizing operations to maintain solid 
company development and value creation for its customers.  

For the full 2021 first half-year financial report, please click here( 
https://www.hikvision.com/en/about-us/financial-report/ ).

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

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