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 RMB21.73 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 RMB4.48 billion, reflecting a YoY growth of 17.54%.
From Q1 to Q3 2021, Hikvision accumulated a total revenue of RMB55.63 billion with a YoY growth of 32.38%, and the accumulated net profits attributable to shareholders was RMB10.97 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.