video-centric smart IoT

Dahua Technology Revenue Reaches RMB 23.666 Billion, YOY Increase Of 25.58%

Posted by Jay Bartlett March 1, 2019 5:20 am Categories: Corporate News. Tags: video-centric smart IoT, Zhejiang Dahua Technology.

Zhejiang Dahua Technology Co., Ltd. announced its unaudited preliminary financial data for the year of 2018. During the year of 2018, Dahua Technology achieved a total operating revenue of RMB 23,665,688,106.22 (USD: 3.45 billion), representing a year-on-year increase of 25.58%. Operating Profit amounted to RMB 2,696,619,590.13 (USD: 0.39 billion), representing an increase of 2.44% as compared to the corresponding period of last year.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.