Hikvision announces Q3 2019 financial results: 23.12% YoY growth

November 10, 2019

Hikvision, the world’s leading provider of innovative security products and solutions, has announced its financial results for the third quarter of 2019. During Q3 of 2019, Hikvision generated a revenue of RMB 15.92 billion, having achieved a year-over-year (YoY) growth of 23.12%, and net profits attributable to shareholders of the Company was RMB 3.81 billion, representing a year-over-year growth of 17.31%.

During the period of Q1-Q3, Hikvision accumulated a total operating income of RMB 39.84 billion, representing a YoY growth of 17.86%.

The growth of revenue was stable and robust during the first three quarters of 2019, with consecutive increase every quarter.

Hikvision believes there are increasing security demands and growth opportunities in both the Chinese and overseas markets, and will continuously strive to provide superior products and services for all customers and partners globally.

*****

About Prama Hikvision India

Prama Hikvision is the India’s leading security and surveillance solution provider. In addition to the security industry, Hikvision extends its reach to smart home tech, industrial automation, and automotive electronics industries to achieve its long-term vision. The endeavor is to provide superior pre-sales and post-sales service through collaboration with local distributors and its allied partners.

Building on a growing global footprint, Prama Hikvision India is committed to provide high quality products with agile technical support serving a large network of dealers and system integrators across India, through its 51+ branches and a motivated workforce of 2000 + employees. It has a ‘Make in India’ manufacturing facility near Mumbai.  For more information, please visit us at www.hikvisionindia.com