Hikvision, an IoT solutions provider with video as its core competency, has released its 2019 Annual Report. In 2019, Hikvision generated a total revenue of RMB 57.66 billion, having achieved a year-over-year (YoY) growth of 15.69 %, and net profits attributable to shareholders of the company was RMB 12.41 billion, reflecting a YoY growth of 9.36%.
The total overseas revenue amounted to RMB 16.24 billion, with YoY growth of 14.43%. In addition, the revenue in the domestic market (China) in 2019 was RMB 41.42 billion, with YoY growth of 16.20%.
