Huawei unveiled its unaudited financial results for 2012

Huawei has unveiled its unaudited financial results for 2012. Chief Financial Officer Kathy Huawei Maine (Cathy Meng), said the company in 2012, has evolved steadily through the modernization of management procedures and improve efficiency. Cathy Meng noted good prospects of further development of the industry.

Huawei expects sales revenue for the year 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%).

After passing the audit results of the financial report for the year 2012 will be published in the company's annual report, to be published in April.

Huawei said that the total amount of its investment in research in the past 10 years was 120 billion yuan, including 29.9 billion yuan in 2012, corresponding to an annual growth of over 13%.

The three business groups 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 Huawei Device (terminal devices) also achieved significant sales revenue (48.4 billion yuan), an increase in the emerging markets of Japan, North America and Europe. Business group Huawei Enterprise (Enterprise Solutions) achieved excellent results with 11.5 billion yuan.

66% of total revenues Huawei accounts for foreign markets. Revenue from sales in the Asia-Pacific region was 37.4 billion yuan, while in Europe, the Middle East and Africa - 77.4 billion yuan.

Of the USA amounted to 31.8 billion yuan. Revenue from sales in the Chinese market was 73.6 billion yuan.

According to the forecast Kathy Maine, growth in overall sales revenue in 2013, Huawei will be 10-12%.