Huawei's revenue for the second quarter fell 38 percent year-over-year to RMB 170.4 billion ($26.3 billion), according to the company's operating results released on Friday.
Huawei's unaudited sales revenue for the first half of the year was RMB 320.4 billion, with a net profit margin of 9.8 percent, the report showed.
Of the total, revenue from the carrier business was RMB 136.9 billion, revenue from the enterprise business was RMB 42.9 billion and revenue from the consumer business was RMB 135.7 billion.
Xu Zhijun, the company's rotating chairman, said the company's strategic goal for the next five years is to survive with quality by creating value for customers and partners.
Despite the decline in revenue from Huawei's consumer business, Xu said he was "confident" that it would achieve solid growth in both its carrier and enterprise businesses for the year.
Xu said all Huawei employees have shown extraordinary courage and strength in the face of challenges and thanked them for their dedication.
Huawei continues to believe that innovation in digital technology can bring new solutions to new problems facing human society, Xu said, adding that Huawei will promote the arrival of a low-carbon and smart society through product and technology innovation.
Huawei's first-quarter revenue was RMB 152.2 billion, down 16.5 percent year-over-year.
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