Hikvision reports Q3 2021 financial results - 22% year on year growth

Hikvision,has reported its financial results for the third quarter of 2021. During the quarter, Hikvision gained RMB 21.73 billion revenue (roughly USD 3.47 billion) with a year-over-year (YoY) increase of 22.41%. Net profits attributable to shareholders of the listed company in the third quarter were RMB 4.48 billion (roughly USD 716 million), reflecting a YoY growth of 17.54%. 

From Q1 to Q3 2021, Hikvision accumulated a total revenue of RMB 55.63 billion (roughly USD 8.9 billion) with a YoY growth of 32.38%, and the accumulated net profits attributable to shareholders was RMB 10.97 billion (roughly USD 1.75 billion) , representing a YoY growth of 29.94%.

Amid continued external uncertainties, Hikvision will remain focused on creating value for customers with diversified products and solutions. The company will also continue building customer-oriented service operations, and fully leveraging flexible manufacturing capabilities to maintain steady development of the company.

The full Q3 2021 financial report is available on the hikvision website.

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