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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
Huawei
Huawei (HUAWEI) investor relations material
Huawei has been private
Huawei H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary31 Mar, 2026
Executive summary
Achieved CNY880.9 billion in revenue for 2025, up 2.2% year-over-year, with net profit rising 8.7% to CNY68.0 billion.
Maintained strategic focus on high-quality growth, innovation, and ecosystem development across all business segments.
Significant R&D investment at 21.8% of revenue, supporting advances in AI, cloud, digital power, and intelligent automotive solutions.
Strengthened global presence, with 70% of revenue from China and notable growth in EMEA and Asia Pacific.
Financial highlights
Revenue: CNY880,941 million (+2.2% YoY); Net profit: CNY68,036 million (+8.7% YoY).
Operating profit: CNY96,937 million (+22.1% YoY); Operating margin: 11.0% (up from 9.2%).
Gross profit margin improved to 46.3% from 44.4% YoY.
Cash flow from operating activities: CNY127,384 million (+44.1% YoY).
R&D expenses: CNY192,310 million (21.8% of revenue).
Total assets: CNY1,334,930 million (+3.5% YoY); Equity: CNY600,120 million (+10.2% YoY).
Outlook and guidance
Continued focus on AI, cloud, digital power, and intelligent automotive as growth drivers.
Plans to further invest in R&D and ecosystem development, especially in AI and open-source platforms.
Expectation of stable global carrier market capex and ongoing digital transformation across industries.
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Huawei
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