Home Security Access Control Dahua Grew Revenue 25.6 Per Cent in 2018

Dahua Grew Revenue 25.6 Per Cent in 2018

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DAHUA Technology revenue increased to $US3.45 billion in 2018, a year-on-year increase of 25.58 per cent.

Operating profit amounted to $US0.39 billion, an increase of 2.44 per cent compared to the corresponding period the year before. Net profits attributable to shareholders of the company amounted to $US0.37 billion, up 6.42 per cent year-on-year.

According to Dahua, during the reporting period, the company strengthened the precise investment in R&D, continuously improved its video-centric smart IoT solution capabilities,grasped the development trend of the market and industry, and realized the continuous growth of the company’s performance.

During the reporting period, the company’s total assets increased by 23.52 per cent and net assets increased by 20.58 per cent, mainly due to expansion of business scale and an increase in profit.

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