Huawei Technologies reports 13.7% fall in Jan-Sep net profit

China‘s Huawei Applied sciences on Thursday reported a 13.7% drop in nine-month web profit regardless of a 29.6% income leap.

Web revenue for the January-September interval fell to 62.9 billion yuan ($8.83 billion) from 72.9 billion yuan a yr earlier on income that rose to 585.9 billion yuan from 452.3 billion yuan, the Chinese language telecoms big and smartphone maker stated in an announcement to the Shanghai Clearing Home with out elaborating.

($1 = 7.1195 Chinese language yuan renminbi)