Huawei reports jump in 2019 profits despite US blacklist

China’s biggest tech company grew profit 5.6% after revenue expanded by almost a fifth to 859 billion yuan (US$123bil) in 2019.

HONG KONG: Huawei Technologies Co reported a healthy bump in revenue and earnings for 2019, in spite of a sustained effort from the United States to curtail its business on the global stage.

China’s biggest tech company grew profit 5.6% after revenue expanded by almost a fifth to 859 billion yuan (US$123bil) in 2019.