PR90927

HANGZHOU, China, July 29, 2021 /PRNewswire=KYODO JBN/ --

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

announced its financial results for the first half of 2021. During the

reporting period, Hikvision generated a revenue of RMB 33.90 billion with a

year-over-year (YoY) growth of 39.68%. Net profits attributable to shareholders

of the listed company were RMB 6.48 billion, reflecting a YoY growth of 40.17%.

Key accounting data of Hikvision 2021 first half-year financial results

                                 2021 first                      2020 first                     YoY

                                 half year                       half year                       change (%)                

Operating                 33,902,098,368.10        24,271,159,243.76        39.68%

income (RMB)

Net profits

attributable to

shareholders of

the listed

company (RMB)       6,481,424,653.39           4,623,972,830.87          40.17%

Hikvision's revenue in overseas markets amounted to RMB 9.47 billion, with a

YoY increase of 25.53%.

In the first half-year of 2021, Hikvision further expanded its investment in

R&D, to RMB 3.88 billion, which accounted for 11.44% of the revenue.

Amid continuing uncertainties in the global environment, Hikvision remains

focused on technological innovation and optimizing operations to maintain solid

company development and value creation for its customers.  

For the full 2021 first half-year financial report, please click here(https://www.hikvision.com/en/about-us/financial-report/ ).

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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