Hikvision records 40% net profit uplift for 1H21 despite of COVID-19 and political conflict

Chinese video surveillance manufacturer Hikvision has reported it generated 6.48 billion yuan in total profit, a 40% increase from last year's 4.62 billion yuan for the first half of 2021 financial year.

For the period to 30 June, the company also experienced a near 40% year-on-year uplift in operating income that came in just shy of 34 billion yuan. Of the total, sales of products and services accounted for more than 80%, or 28 billion yuan, an increase from last year's 21.5 billion...