Hikvision announced its financial results for the year 2021, with total revenue of 81.42 billion Chinese yuan and year-on-year (YoY) growth of 28.21 percent.
The net profit for the company’s shareholders was 16.8 billion RMB, corresponding to a year-on-year growth of 25.51 percent.
In 2021, overseas revenue amounted to 21.99 billion yuan, growing 24.23% year on year, accounting for 27% of the company’s total revenue.
Hikvision also released its financial results for the first quarter of 2022, with revenue totaling 16.52 billion yuan, up 18.11 percent year-on-year.
The net profit for the company’s shareholders was 2.8 billion yuan.