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Hikvision's revenue and net profit will increase in 2023, and Huang Fanghong, secretary of the board of directors, said that scene digitalization will become the second growth curve

author:Leju Finance

On April 23, Hikvision held its 2023 annual results briefing.

Huang Fanghong, senior deputy general manager and secretary of the board of directors of Hikvision, said that in 2023, the company will initially complete the transformation of the intelligent IoT strategy, and in the future, the security business is only one aspect of the company's intelligent IoT strategy.

Hikvision's revenue and net profit will increase in 2023, and Huang Fanghong, secretary of the board of directors, said that scene digitalization will become the second growth curve
Hikvision's revenue and net profit will increase in 2023, and Huang Fanghong, secretary of the board of directors, said that scene digitalization will become the second growth curve

He said that the overall revenue of innovative business in 2023 will be 18.553 billion yuan, a year-on-year increase of 23.11%, and the competitive pattern of innovative business in various scenarios has gradually taken shape. Under the strategic traction of the intelligent Internet of Things, the synergies between Hikvision and its innovative business subsidiaries in terms of technology, products, and applications have gradually emerged, and the company's business layout for enabling digital transformation has formed a certain scale.

According to investigation, Hikvision was founded in 2001 and is a technology company focusing on technological innovation. In 2010, it was listed on the Shenzhen Stock Exchange.

Hikvision's revenue and net profit will increase in 2023, and Huang Fanghong, secretary of the board of directors, said that scene digitalization will become the second growth curve

According to Hikvision's 2023 annual report, Hikvision's revenue was 89.34 billion, a year-on-year increase of 7.42%, and the net profit attributable to listed shareholders was 14.108 billion, a year-on-year increase of 9.89%.

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