Huawei's early figures show a profit The company, a major consumer brand in China, said two thirds of its sales now come from outside the country with Europe, the Middle East and Africa pulling in 77.4bn yen, marginally more than the 73.6bn recorded in China. Huawei does not release its full results until April but said it was disclosing the expected figures now as part of an attempt to become more transparent about its operations. The business, headed by Ren Zhengfei, a former officer in China's People's Liberation Army, has been dogged by claims that its networks pose a security risk to those countries in which it operates. Huawei executives insist that the issue is driven by political interests rather than any genuine problems with national security. The company has also gone out of its way to assuage government fears, for example by setting up a unit in Banbury which can only be accessed by security-cleared personnel. On Monday, Huawei was at pains to explain that it values "integrity and self-discipline" amongst its staff and rewards management in a way which ensures "that no one in the company abuses their power for self-serving purposes." Huawei gets around 70pc of its revenues from providing the networks for other telecoms companies, such as Vodafone and BT. It also produces mobile phone technology and plans to expand this by also establishing itself as a consumer brand in Britain.