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Huawei's H1 revenues up 30 pct at $28 billion

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Reuters HONG KONG
Last Updated : Jul 20 2015 | 8:07 AM IST

HONG KONG (Reuters) - Huawei Technologies Co Ltd, one of the world's largest telecoms equipment makers, said on Monday its first-half sales revenue rose 30 percent year-on-year to 175.9 billion yuan ($28.3 billion) thanks to its consumer and telecom businesses.

Huawei expects to generate an operating margin of 18 percent in the first six months of 2015, the Shenzhen-based company said in a statement.

($1 = 6.2085 Chinese yuan renminbi)

(Reporting By Yimou Lee; Editing by Stephen Coates)

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First Published: Jul 20 2015 | 7:57 AM IST

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