Le Lézard
Classified in: Science and technology, Business
Subject: ERN

Hikvision announces Q3 2019 financial results: 23.12% YoY growth

HANGZHOU, China, Oct. 23, 2019 /PRNewswire/ -- 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%.

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%. 

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.

Photo - https://mma.prnewswire.com/media/1015896/Hikvision_Q3_financial_results.jpg
Photo -  https://mma.prnewswire.com/media/1015895/Q3_financial_results_Hikvision.jpg

These press releases may also interest you

at 11:38
US beer demand is forecast to see minimal average annual gains in volume terms through 2023, according to Beer: United States, a report recently released by Freedonia Focus Reports. Market maturity will prevent faster growth. While the popularity of...

at 11:38
Bayer announced today it has joined Know Diabetes by Hearttm, a joint initiative of the American Heart Association and the American Diabetes Association, as a national sponsor. Officially launched last week ahead of the American Heart Association's...

at 11:35
A team of nearly 20 leading enrollment professionals with centuries of experience will join The Institute for Strategic Enrollment Management @Sunriver, June 29-July 3, 2020, as faculty and mentors. Notable national and regional leaders with...

at 11:34
The annual Empire Life United Way campaign exceeded its goal of $270,000, raising $273,000 to benefit United Ways across Canada. The company matched employee and retiree pledges up to $125,000. "We chose the theme Working...

at 11:32
Aeropostale announces plans today to hire nearly 6,000 seasonal associates this holiday season, up 10% from 2018 and doubling the size of its existing store teams. The brand kicked off holiday hiring with 'National Recruiting Day' earlier this month...

at 11:30
PIMCO Global Income Opportunities Fund (the "Fund") is pleased to announce today that it has declared a monthly distribution on its Class A Units (the "Units"). The distribution is equal to $0.05688 per Unit and will be paid on December 13, 2019 to...

News published on 23 october 2019 at 04:15 and distributed by: