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Xiaomi revenues lift 49% in Q3, boosted by international shipments

2018-11-19 13:30:00| Telecompaper Headlines

(Telecompaper) Xiaomi said revenues for the third quarter rose over 49 percent from the year before to CNY 50.846 billion. The company's net profit went to CNY 2.481 billion, a slide from the 14.6 billion recorded in the previous quarter. The adjusted net profit reached CNY 2.885 billion, up 17.3 percent year-on-year and 36.3 percent quarter-on-quarter. Smartphone shipments year-to-date passed 100 million units, reaching the company's target two months ahead of schedule.

Tags: international lift revenues shipments

Category:Telecommunications

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