Huawei unveiled its semi-annual financial results yesterday, revealing that revenue for the first six months of the year totaled 427.039 billion yuan, marking a 3.95% increase from the previous year. However, in terms of net profit, the figure stood at 37.195 billion yuan, registering a 32% decline year-on-year. The net profit attributable to shareholders of the parent company amounted to 37.054 billion yuan, a decrease of 32.19% compared to the same period last year, representing a drop of 17.588 billion yuan. Overall, the company's performance exhibited a trend of steady revenue growth alongside declining profitability.