HANGZHOU, China, April 28,
2024 /CNW/ -- Hikvision has released its full-year
2023 financial results, reporting a total revenue of RMB 89.34 billion, up 7.42% year-over-year. Net
profit attributable to shareholders of the company was RMB 14.11 billion, achieving a year-over-year
(YoY) growth of 9.89%. The total cash dividend (tax inclusive) amounted to RMB 8.40 billion, 59.52% of the net profit
attributable to shareholders of the company.
The revenue from the company's overseas main business increased
8.83% year-over-year to RMB 23.98
billion, 26.84% of the total revenue. The revenue from the
domestic main business was RMB 46.81
billion, accounting for 52.40% of the total revenue, and the
revenue from the innovative businesses was RMB 18.55 billion, representing 20.77% of the
total revenue.
Hikvision also announced its first-quarter 2024 financial
results. The company reported a quarterly revenue of RMB 17.82 billion, up 9.98% year-over-year. Net
profit attributable to shareholders of the company in the first
quarter was RMB 1.92 billion,
representing a YoY increase of 5.78%.
In 2023, Hikvision achieved greater stability in its operations
and continued to increase investment in research and
development. The company has gradually built and improved its
AIoT technology system, and launched scenario-based products and
solutions for the digital transformation of businesses. Looking
forward, Hikvision remains committed to creating value for
customers and empowering the digital transformation of the
community and businesses with its technologies.
The full annual report 2023 and Q1 2024 report can be
found here.
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SOURCE Hikvision Digital Technology Co., Ltd.