Hikvision 2016 financial report shows 26 per cent increase in net profits

SP&T Staff
Friday April 28, 2017
Written by
2016 was a year of “solid growth”, says Hikvision, after releasing its official 2016 financial results. Highlights of the report include revenue of $4.6 billion, a 26 per cent increase in net profits, as well as plans to establish an R&D Centre in Montreal and a Research Institute in Silicon Valley, Calif.

Calling these highlights “concrete results and commitments that our integrator partners can depend on,” Jeffrey He, president of Hikvision USA Inc., and Hikvision Canada Inc., discusses the results on the company blog.

To read the full interview, click here.

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