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Thursday, May 2, 2024
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HomeTechChinese smartphone maker Xiaomi's fourth-quarter revenue and profit slides

Chinese smartphone maker Xiaomi’s fourth-quarter revenue and profit slides

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SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp on Friday posted a 22.8% drop in fourth-quarter revenue to 66.05 billion yuan ($9.6 billion).

Net income fell by 67.3% year on year to 1.46 billion yuan ($212.30 million).

($1 = 6.8771 Chinese yuan renminbi)

(Reporting by Josh Horwitz; Editing by David Goodman)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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