Nokia reports Q2 decline in sales, profit


By Elina XuChen Jing

HELSINKI, July 18 (Xinhua) -- Both Nokia's net sales and profit plummeted significantly in the second quarter of this year due to ongoing market weakness, according to the Nokia Corporation Interim Report for Q2 2024 published on Thursday.

Between April and June, the Finnish telecommunications company's net sales decreased by 18 percent to 4.47 billion euros (4.87 billion U.S. dollars) from 5.44 billion euros in the same quarter a year earlier.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

New Mexico reopens investigation of Epstein ranch
Venezuela legislature passes limited amnesty bill critiqued by rights groups
North Korea's Kim opens 9th Party Congress citing economic achievements
1st LD Writethru: U.S. trade deficit in goods hits record high in 2025
Share of cashless payments in Russia hits 88 pct in 2025
Britain, Canada to meet in Olympic men's curling final
Day 13 Roundup: China's Ning wins 1,500m speed skating with Olympic record, skimo debuts at Milan-Cortina
Hungary marks 100th birthday of composer Gyorgy Kurtag
Medal table at Milan-Cortina Winter Olympics on February 19
Trump claims Obama revealed classified information when he said aliens are real

Others Also Read