SHENZHEN, China: China’s Huawei Technologies reported modest annual profit growth for 2020 as overseas revenues declined due to disruption caused by the pandemic and the company’s placement on a U.S. export blacklist.

Net profit for 2020 came in at 64.6 billion yuan (US$9.83 billion), up 3.2per cent, compared to growth of 5.6per cent a year earlier.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.