Hikvision, the world’s provider of innovative security products and solutions, has announced its financial results for the third quarter of 2019. During Q3 of 2019, Hikvision generated a revenue of RMB 15.92 billion, having achieved a year-over-year (YoY) growth of 23.12%, and net profits attributable to shareholders of the Company was RMB 3.81 billion, representing a year-over-year growth of 17.31%.

During the period of Q1-Q3, Hikvision accumulated a total operating income of RMB 39.84 billion, representing a YoY growth of 17.86%.

The growth of revenue was stable and robust during the first three quarters of 2019, with consecutive increase every quarter. Hikvision believes there are increasing security demands and growth opportunities in both the Chinese and overseas markets, and will continuously strive to provide superior products and services for all customers and partners globally.

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Hikvision case studies

Hikvision provides their LED display solution to enhance visual experience at GEMS Modern Academy

In order to turn its auditorium into a multi-purpose venue, and to improve the general visual experience, Dubai's GEMS Modern Academy replaced their legacy projection system with a massive LED wall from Hikvision. The renovated auditorium has become a popular venue for students, staff, and the community. Challenge: Turning the school auditorium into a multi-purpose performance venue. With the numerous approaches to the entertainment available, and with audiences' surging demand for rich, high-q...

CarNet FOR-TOP Ltd., a Hungarian car dealership boosts efficiency with Hikvision smart security solution

With millions in inventory, car dealerships can’t take any risks with their security, but manual security patrols significantly increase operating costs. To address this challenge, Hungarian car dealership, CarNet FOR-TOP Ltd. has implemented an innovative, AI-powered perimeter protection solution from Hikvision. This supports far more efficient remote security monitoring, while also automating car-rental processes for further cost savings – all adding up to 100% ROI in under eight...

Hikvision provides their solar-powered wireless cameras to guard the construction site for the DECHO Group

In the midst of a rise in building material thefts, construction company DECHO used Hikvision's solar-powered wireless cameras to guard the construction site for its much-anticipated Coast Garden project. Safeguarding valuable materials Building material shortages and rising prices fuelled a rise in construction site thefts in New Zealand, which has prompted worries among builders, project managers, and contractors. The DECHO Group is one of Auckland’s most innovative and respected land...