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Hikvision sustains continued growth for fiscal year 2020

April 28, 2021SSN Staff

CITY OF INDUSTRY, Calif.—Hikvision, a world-leading manufacturer and supplier of security products and solutions, announced that it generated a total revenue of $9.78 billion (RMB 63.50 billion) for fiscal year 2020, having achieved a year-over-year (YoY) growth of 10.14 percent. Net profits attributable to shareholders of the company were $2.06 billion (RMB 13.39 billion) reflecting YoY growth of 7.82 percent. “As for the business in the United States, while the challenges...

Hikvision, Tony Yang

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