Huawei saw its 2015 profit and revenue climb, with strong growth in its operator and enterprise businesses somewhat overshadowed by an impressive performance from its consumer group.

For the full year, net profit of CNY36.9 billion ($5.7 billion) was up 33 per cent, on revenue of CNY395 billion, up 37 per cent. According to Financial Times, this marks Huawei’s best annual revenue growth in seven years.

For its operator business, revenue growth of 21 per cent to CNY232.3 billion was largely driven by the widespread rollout of 4G networks. The company said that it has commercially deployed more than 400 LTE networks, as “4.5G” technology is also gaining ground under the LTE-Advanced Pro banner.

Its enterprise business saw a 44 per cent increase to CNY27.6 billion, with particular growth noted for the public safety, finance, transportation and energy sectors.

Singled out as “a major highlight” was the 73 per cent increase in the consumer unit revenue (to CNY129.1 billion), which was attributed to “increased demand for high-quality products that deliver a premium user experience, as well as Huawei’s growing influence as a consumer brand”. Some 108 million smartphones were shipped, including 40 million from its Honor unit.

The bulk of the company’s revenue (CNY167.7 billion) came from China, followed by EMEA (CNY128 billion). Due to the company’s well-documented woes in the US, its Americas region is relatively small at CNY50.5 billion, although this unit is seeing growth – as indeed did all the others.

Guo Ping, deputy chairman and rotating CEO, said: “In part, Huawei owes its long-term growth to the sheer size of the ICT market, which is the driving force of digital economies around the world. However, our growth is also a direct result of strategic focus and heavy investment in our core business”.

“Over the next three to five years, we will concentrate on enhancing connectivity, enabling the development of vertical industries, and redefining network capabilities. With an open and collaborative approach, and a commitment to shared success, we will work closely with our customers and partners to maximise industry development opportunities,” the executive continued.