Huawei generates $25.7 billion revenue in Q1

Huawei has generated $25.7 billion in revenue, an increase of 1.4 percent year-on-year.

The company announced its business results for the first quarter of 2020, said a press release on Wednesday.

Its net profit margin in Q1 was 7.3 percent.

As COVID-19 continues to spread around the world, Huawei is taking proactive measures to ensure the safety of its employees.

The company and its supplier network are working together to address the tough challenges facing production and resume operations.

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Huawei said its business is continuing as usual and its overall business results in Q1 2020 are in line with expectations.