close
close

Huawei records a jump in profits in the first half of the year thanks to smartphone renaissance


Huawei records a jump in profits in the first half of the year thanks to smartphone renaissance

SHENZHEN, China, Aug 29 (Reuters) – Chinese technology giant Huawei (HWT.UL) reported strong growth in revenue and net profit in the first half of the year on Thursday. Smartphone sales were robust and business with components for smart cars was also doing well despite U.S. sanctions. Net profit rose 18% to 54.9 billion yuan ($7.7 […]

British hunting group maintains annual forecast unchanged despite jump in profits in the first half of the year


British hunting group maintains annual forecast unchanged despite jump in profits in the first half of the year

August 29 (Reuters) – British energy services company Hunting Plc (HTG.L)opens new tab The company on Thursday reported a 23% jump in first-half profit, boosted by a strong backlog in its oil and subsea portfolios, but maintained its full-year profit forecast. The company’s shares fell as much as 7.7% in morning trade before recouping some […]