China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
www.ctvnews.ca
Chinese telecoms gear giant Huawei said Monday its net profit fell 28 per cent in 2024 while its revenue surged, as the company invested heavily in advanced technologies.
  • cfgaussian
    20·
    7 months ago

    Honestly, good news. Profits are wasted labor if they are not re-invested in development.

    • ☆ Yσɠƚԋσʂ ☆OP
      18·
      7 months ago

      Exactly, this is what happens when your company is employee owned instead of shareholders squeezing out quarterly profits.