SHENZHEN, March 31 China's Huawei Technologies
Ltd, the world's No.2 telecommunications equipment
maker, matched company guidance by reporting its fastest profit
growth in four years, powered by strength at home and in its
enterprise and consumer businesses.
Net profit for 2013 rose 34.4 percent to 21 billion yuan
($3.38 billion), the company said in a statement on Monday.
Operating profit was 29.1 billion yuan, compared with the
company's forecast range of 28.6 billion yuan to 29.4 billion
Revenue reached a record 239 billion yuan versus company
guidance of 238 billion yuan to 240 billion yuan, as profit
margins improved for the second year in a row.
($1 = 6.2122 Chinese Yuan)
(Reporting by Yimou Lee in SHENZHEN; Writing by Paul Carsten in
BEIJING; Editing by Christopher Cushing)