PR84966

HANGZHOU, China, July 30, 2020 /PRNewswire=KYODO JBN/ --

Hikvision, an IoT solution provider with video as its core competency, has

released its financial results for the first half of 2020. During the period,

Hikvision generated a revenue of RMB 24.27 billion with a year-over-year (YoY)

increase of 1.45%, and net profits attributable to shareholders of the company

was RMB 4.62 billion, reflecting a YoY growth of 9.66%.

Photo - https://photos.prnasia.com/prnh/20200730/2871957-1-a 

(Caption: Hikvision 2020 H1 Financial Results)

Photo - https://photos.prnasia.com/prnh/20200730/2871957-1-b 

(Caption: Hikvision 2020 H1 Financial Results)

Hikvision's revenue in overseas markets achieved solid growth, amounting to RMB

7.54 billion, with a YoY growth of 8.63%.

Having encountered unusual global social and economic conditions in the first

half of 2020, Hikvision adapted its operations and succeeded in making

technological innovations meet customers' needs, which helped to overcome

challenges and keep development steady. Hikvision will continuously work

closely with its partners to maintain stable operations, create value for

customers, and build more safety, efficiency and sustainability for communities

around the world.  

For the full 2020 H1 financial report, please visit here

(https://www.hikvision.com/content/dam/hikvision/en/brochures/hikvision-financia

l-report/Hikvision-2020-Half-Year-Report.pdf ).

About Hikvision

Hikvision is an IoT solution provider with video as its core competency.

Featuring an extensive and highly skilled R&D workforce, Hikvision manufactures

a full suite of comprehensive products and solutions for a broad range of

vertical markets. In addition to the security industry, Hikvision extends its

reach to smart home tech, industrial automation, and automotive electronics

industries to achieve its long-term vision. Hikvision products also provide

powerful business intelligence for end users, which can enable more efficient

operations and greater commercial success. Committed to the utmost quality and

safety of its products, Hikvision encourages partners to take advantage of the

many cybersecurity resources Hikvision offers, including the Hikvision

Cybersecurity Centre. For more information, please visit us at

www.hikvision.com.

SOURCE: Hikvision Digital Technology Co., Ltd.

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