Hikvision releases financial results International Security Journal

Hikvision, an IoT solution provider with video since it's core competency, has released its financial results for the very first 1 / 2 of 2020. Throughout the period, Hikvision generated a revenue of RMB 24.27 billion having a year-over-year (YoY) increase of just one.45% and net profits attributable to shareholders from the company was RMB 4.62 billion, reflecting a YoY development of 9.66%.

Hikvision's revenue in overseas markets achieved solid growth, amounting to RMB 7.54 billion, having a YoY development of 8.63%.

Having encountered unusual global social and economic conditions in the first 1 / 2 of 2020, Hikvision adapted its operations and succeeded in making technologies to meet customers' needs, which helped to overcome challenges and keep development steady. The organization will continuously work closely with its partners to keep stable operations, create value for purchasers and build more safety, efficiency and sustainability for communities all over the world.

Read the entire report of Hikvision 2020 H1 financial results.