PR86363

HANGZHOU, China, Oct. 29, 2020 /PRNewswire=KYODO JBN/ --

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

reported its financial results for the third quarter of 2020. During the

quarter, Hikvision generated a revenue of RMB 17.75 billion with a

year-over-year (YoY) increase of 11.53%, and net profits attributable to

shareholders of the company was RMB 3.81 billion, reflecting a YoY growth of 0.12%.

Photo- https://mma.prnewswire.com/media/1323218/Hikvision_Q3_2020_financial_results.jpg  

From Q1 2020 to Q3 2020, Hikvision accumulated a total revenue of RMB 42.02

billion with a YoY growth of 5.48%, and the accumulated net profits attributable to

shareholders was RMB 8.44 billion, representing a YoY growth of 5.13%.

Photo- https://mma.prnewswire.com/media/1323219/Hikvision_Q3_2020_financial_results.jpg 

Amid the unusual global social and economic circumstances, Hikvision achieved

solid growth in the first three quarters of 2020. Moving forward, Hikvision

will continually optimize operations, persistently innovate, and work closely

with partners to overcome uncertainties and maintain steady development.

For the full Q3 2020 financial report, please click

here(https://www.hikvision.com/content/dam/hikvision/en/brochures/hikvision-financial-report/Hikvision-2020-Q3-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

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   Caption: Hikvision Q3 2020 financial results

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   Caption: Key accounting data of Hikvision Q3 2020 financial results