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    "headline": "Huawei First-Half Profit Plunges 36% Amid Rising Costs",
    "dek": "Huawei Technologies reported a 36% drop in first-half net profit due to soaring input costs and increased R&D spending.",
    "prose": "Huawei said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop in the same period a year earlier, while revenue rose 9.6% to 467.82 billion yuan. [^1]\n\nHuawei Technologies reported a 36% plunge in first-half net profit on Monday, falling to 23.81 billion yuan ($3.54 billion), as soaring input costs and heavier research and development spending outweighed revenue growth. [^2]\n\nHuawei reported total revenues of 467.82 billion yuan, equivalent to approximately 69.6 billion dollars, for the first six months of the year. [^3]\n\nHuawei said R&D spending rose 25.2% to 121.38 billion yuan, equivalent to 25.9% of revenue, as it stepped up investment in AI, communications technology, smart devices and intelligent vehicle solutions. [^4]\n\nHuawei stated that its first-half results were in line with its forecasts, but its full-year outlook remained under review because of external uncertainty and higher input costs. [^5]\n\nResearch and development expenses increased by 25.2% compared to the previous year. [^6]\n\nThe reported revenue figure represents a 9.55% increase compared to the same period in the previous year. [^7]",
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      "statement": "Huawei said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop in the same period a year earlier, while revenue rose 9.6% to 467.82 billion yuan.",
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      "statement": "Huawei reported total revenues of 467.82 billion yuan, equivalent to approximately 69.6 billion dollars, for the first six months of the year.",
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