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XIAOMI CORP. RELEASED ITS FOURTH-QUARTER NET PROFIT TO BE 36.7 PERCENT

Published On 24 Mar 2021 02:51 PM


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Highlights –

  • Xiaomi Corp. released its fourth-quarter net profit to be 36.7 percent.
  • The mobile company’s adjusted net profit for the quarter rose to $490.84 million.
  • The company’s sales rose 24.8% year-on-year to 70.5 billion yuan.
  • Its overseas sales grew 27.6% to 33.8 billion yuan.

On Wednesday, Chinese smartphone maker Xiaomi Corp reporte....


Tags : CHINA SMARTPHONE COMPANY, XIAOMI CORP., HUAWEI TECHNOLOGIES CO. LTD., CHIP SHORTAGE, PANDEMIC,
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