International. Hikvision announced its financial results for last year, highlighting total revenue of around $12 billion, year-over-year growth of 28.21% and net profit for shareholders topped $2.4 billion.
According to the company, in the 2021 period, overseas revenue amounted to just over $3.26 billion, with year-on-year growth of 24.23%. This represents 27% of the company's total revenue.
Hikvision also released its financial results for the first quarter of 2022, whose revenues reached the figure of 2,452 million USD, representing a year-on-year increase of 18.11%. However, net profits for the company's shareholders, in this same period, were USD 415 million, corresponding to a year-on-year growth of 529%.
In the future, the company ensures that it will continue to focus on the innovation of technologies, products and solutions to create value for its customers and society, as it seeks to serve various industries through its advances in machine perception technologies, artificial intelligence and Big Data. This company has even considered leading the future of AIoT (Artificial Intelligence and Internet of Things).
If you are interested in accessing the full annual report for 2021 and also the report for the first quarter of 2022, you can access it by clicking here. It should be noted that this report is expressed in Chinese yuan (RMB).
