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【Brand】Huawei's revenue in the first quarter was 178.45 billion yuan, and Yu Chengdong stepped down as CEO of Huawei Device BG

author:Xiaobai assessment

According to Yicai report, on April 30, Huawei Investment Holding Co., Ltd. disclosed its operating results for the first quarter of 2024.

【Brand】Huawei's revenue in the first quarter was 178.45 billion yuan, and Yu Chengdong stepped down as CEO of Huawei Device BG

According to the report, in the first quarter of 2024, Huawei's operating income was about 178.45 billion yuan, a year-on-year increase of 36%, and the net profit attributable to the parent company was about 19.65 billion yuan, a year-on-year increase of about 564%, and the net profit margin reached 11%.

【Brand】Huawei's revenue in the first quarter was 178.45 billion yuan, and Yu Chengdong stepped down as CEO of Huawei Device BG

As a complement, we found the operating results of the same period last year, with Huawei's sales revenue in the first quarter of 2023 reaching RMB132.1 billion, up 0.8% year-on-year, and a net profit margin of 2.3%. According to the 2023 annual report, Huawei achieved global sales revenue of RMB 704.2 billion and net profit of RMB 87 billion (including RMB 362 billion in sales revenue for ICT infrastructure, RMB 251.5 billion in terminal business, RMB 55.3 billion in cloud computing business, RMB 52.6 billion in digital energy business, and RMB 4.7 billion in intelligent vehicle solutions)

【Brand】Huawei's revenue in the first quarter was 178.45 billion yuan, and Yu Chengdong stepped down as CEO of Huawei Device BG

The picture above shows Yu Chengdong when he gave a lecture on the new M5 press conference on the other side, according to 36Kr report, on April 30, Huawei issued an internal personnel adjustment document, announcing that Yu Chengdong will step down as the CEO of Huawei Terminal BG and become the chairman of Terminal BG. He Gang, the former Chief Operating Officer (COO) of Huawei Device BG, took over as CEO of Huawei Device BG. Other than the above-mentioned personnel changes, there is no more information in the document, according to people familiar with the matter. Some Huawei people said that "this is a normal change in the company's relevant senior management, nothing special", and there is also news that "Huawei has not set up the position of chairman of the terminal before." What do you think? Historical information

【Brand】Huawei's revenue in the first quarter was 178.45 billion yuan, and Yu Chengdong stepped down as CEO of Huawei Device BG