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The company has presented its unaudited financial results of 2012

Beijing, China - January 21, 2013: The company Huawei, a world leader in the development of ICT solutions, had presented its unaudited financial results of 2012. Chief financial manager (Kathy Meng) Huawei (Cathy Meng), said that in 2012 the company has evolved steadily through the modernization of management procedures and improving efficiency. Cathy Meng noted about the excellent prospects of further industry development.

Huawei expects that sales revenue of 2012 will amount to 220.2 billion yuan, corresponding to an annual growth of 8% and a net profit of 15.4 billion yuan (annual growth of 33%).
Presentation of financial results - Huawei part of the policy about increasing openness and transparency in the operations of a private company for the shareholders. After passing the audit results of the financial report for the year 2012 will be published in the company's annual report, which will be published in April.

Cathy Meng explained that the success of Huawei in 2012, focusing on the needs of customers and increasing their profits. "We are implementing a policy to reduce funding for the organizational platform for additional resources for the interaction with customers as well as the continuous improvement of service delivery and it’s quality. Besides, Huawei continues to upgrade its management mechanisms to improve efficiency, "- said Meng

Continuing innovative development, aimed at meeting customer requirements is also an important driving force of Huawei. The total investment of the company in research and development over the past 10 years was 120 billion yuan, including 29.9 billion yuan in 2012, corresponding to an annual growth of over 13%

Huawei investments into the operating, corporate and consumer market sectors are closely linked and are concentrated around the data path, providing quick delivery of various communications services. This simplifies the solution of problems arising in the era of large data volumes. Huawei deals with 45 of the top 50 operators in the world, 70% of the company's revenue is generated through joint trade business with these operators.

In addition, Huawei takes into account the individual interests of its employees, is closely related to the sustainable growth of the company. Huawei management team pays much attention to professional ethics and self-discipline. Personal income per head - from top managers to middle managers - limited to wages, bonuses and dividends in the form of company shares. The rules are established and enforced to prevent the abuse of their powers for personal use of company employees.

The three business groups of Huawei continues to develop steadily in line with the expectations of the company. Traditionally, the most successful division of Huawei Carrier Network (operator's decision) is still the leader in the industry with revenues from sales of 160.3 billion yuan. Business group of Huawei Device (terminal devices) also achieved significant sales revenue (48.4 billion yuan), showing an increase in the emerging markets of Japan, North America and Europe. Business group of Huawei Enterprise (Enterprise Solutions) achieved excellent results with 11.5 billion yuan.

66% of total revenues Huawei accounts are brought by foreign markets. Sales revenue of the Asia-Pacific region was 37.4 billion yuan, while in Europe, the Middle East and Africa - 77.4 billion yuan.

The USA rate was 31.8 billion yuan. Sales revenue of the Chinese market was 73.6 billion yuan.

Next few years data traffic can be increased several hundred times by the convergence of Internet and mobile communications, the use of smartphones and the penetration of digital technologies in society. All this creates a serious problem and, at the same time, opens up new opportunities for the industry. Huawei beleives that the channels with high bandwidth are the perfect solution of similar problems, as well as a key tool for the development of the company in the future.

According to the forecast Cathy Meng the growth in total sales revenue in 2013 of Huawei will be 10-12%.

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