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Huawei H1 profit drop quickens to 36% on rising costs, R&D spending

Source: reuters.com

Corporate EarningsCompany FundamentalsTechnology & Innovation
Huawei H1 profit drop quickens to 36% on rising costs, R&D spending

Huawei reported a 36% plunge in first-half net profit, as rising input costs and heavier R&D spending offset revenue growth. The profit decline suggests margin pressure despite top-line growth. Overall, results are a cautious signal for near-term profitability.

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