Hikvision reports Q3 2021 financial results

Hikvision, an IoT solution provider with video as its core competency, has reported its financial results for the third quarter of 2021. During the quarter, Hikvision gained RMB 21.73 billion revenue 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, reflecting a YoY growth of 17.54%.

From Q1 to Q3 2021, Hikvision accumulated a total revenue of RMB 55.63 billion with a YoY growth of 32.38%, and the accumulated net profits attributable to shareholders was RMB 10.97 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.

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