Hikvision Announces Full-Year 2022 and Q1 2023 Financial Results

Finance


Hangzhou, China, April 26, 2023 /PRNewswire/ — Hikvision announces full-year 2022 financial results, with total revenue RMB 83.17 billion, achieving year-on-year (YoY) growth of 2.14%.The net profit attributable to the shareholders of the company is 12.84 billion RMBreflecting a year-on-year decrease of 23.59%.

Hikvision YoY Growth 2022

Hikvision YoY Growth 2022

Hikvision Financial Table 2022

Hikvision Financial Table 2022

Overseas sales in 2022 will be RMB 26.28 billionwith a YoY growth rate of 19.51%, accounting for 31.59% of the company’s total revenue.

Hikvision also announced its financial results for the first quarter of 2023, RMB 16.2 billion, which represents a year-on-year decrease of 1.94%.The net profit attributable to the shareholders of the company is RMB 1.81 billionrepresenting a year-on-year decrease of 20.69%.

Hikvision continues to embrace new trends in technology development and lead the future of AIoT. The company remains committed to making solid investments in cognitive technology, artificial intelligence, etc., and constantly seeks new opportunities for innovation in technologies, products, solutions, and application scenarios.

You can read the full 2022 annual report and the first quarter 2023 report here.

Sision

Sision

View original content and download multimedia: https://www.prnewswire.com/news-releases/hikvision-releases-full-year-2022-and-first-quarter-2023-financial-results-301808221. html

Source Hikvision digital technology



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *