Huawei's Irish arm sees pre-tax profits rise by 53%

Pre-tax profits at the Irish arm of the Chinese tech giant increased to €10.2m last year as revenues rose 36% to €176.6m

The accounts disclose that the sale of Huawei goods was the chief factor behind the 44% increase in overall revenues from €73.2m to €105.22m.

Pre-tax profits at the main Irish arm of Chinese technology company Huawei — Huawei Technologies (Ireland) Co Ltd — increased by 53% to €10.2m last year as revenues rose 36% to €176.6m, the company’s latest financial accounts show.

The directors state that 2025 “despite challenges facing both the company and the broader business environment, the company maintained stable financial conditions, with a turnover of €177m”.

The directors state “that revenue growth during the year was driven by the full delivery of the Eir DC project”.

They state that “the company’s resilience throughout a difficult year was made possible by the continued support of its customers and partners, as well as the solidarity, determination, and dedication of its employees”.

They said the company’s customer base and market share remained stable, supported by its provision of advanced ICT products and services, along with solar and data centre facility solutions.

The firm also benefited in ‘other operating income’ that included Government grants of €3.75m which was up from €2.66m in grants in 2024.

Numbers employed here at the Chinese headquartered company increased from 137 to 144 while staff costs last year decreased €32.3m to €30.39m.

The company last year paid a dividend of €2.6m and this followed a dividend payout of €5m in the prior year.

The accounts disclose that the sale of Huawei goods was the chief factor behind the rise in revenues by 44% from €73.2m to €105.22m.

Revenues from the rendering of services almost doubled from €16.7m to €30.1m while revenues from rendering of services to other group companies increased from €39.9m to €41.24m.

The company’s largest market is Ireland, accounting for €97m or 55% of revenues with ‘Rest of World’ accounting for €42.77m of income and ‘Rest of Europe’ revenues totalling €36.42m.

The profits take account of non-cash depreciation costs of €1.9m and rental costs of €812,000.

Last year, the company recorded post-tax profits of €9.16m after incurring a corporation tax charge of €1.04m.