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05/08/2021

Hikvision records healthy growth in half year results

Hangzhou, China

Hikvision has announced its latest interim fiscal results for the first half of the year 2021, and according to the company, the figures show a healthy growth in both turnover and profits over the first six months of the company's financial year.

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 year on year growth of 40.17%.

Hikvision’s revenue in overseas markets amounted to RMB 9.47 billion, with a year over year 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, the company stated that Hikvision remains focused on technological innovation and optimising operations to maintain solid company development and value creation for its customers.


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