Huawei’s EV revenue surged 474%, but 2024 profits still fell 28%. Despite record ¥862B revenue, falling margins and lost non-operating income weighed heavily.
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Huawei’s 2024 profit falls despite record…
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Huawei’s EV revenue surged 474%, but 2024 profits still fell 28%. Despite record ¥862B revenue, falling margins and lost non-operating income weighed heavily.