Huawei Technologies Ireland chief executive Calvin Lan: 'As a trusted partner in Ireland for nearly 20 years, Huawei is proud of its Irish business and our integral contribution to Ireland’s digital ecosystem.' Photograph: Conor McCabe Photography
Mr Lan, who has worked with Huawei for more than two decades, takes over from Tony Yangxu as head of Huawei Technologies Ireland. Huawei has been under pressure globally in recent years, as numerous countries move to halt their use of the Chinese firm’s products in communications infrastructure. Telecoms groups here warned the Government last year of higher broadband costs and the potential loss of up €700 million if it proceeds with a national security ban on equipment from companies such as Huawei.
Turnover for the year was more than 47 per cent higher at €195.7 million, with sales attributed to Ireland accounting for €102.1 million, and European sales at €55 million. Operating profit went from €6.6 million in 2021 to €9 million last year. Profit after tax rose almost 50 per cent to €7.9 million, while pretax profit was €8.6 million, up from just under €6 million a year earlier.