Home Xiaomi sales growth slows to 3% in Q2, adjusted net profit falls 7%
 

Keywords :   


Xiaomi sales growth slows to 3% in Q2, adjusted net profit falls 7%

2020-08-26 15:34:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported a further slowdown in revenue growth in the second quarter. Revenues were up just 3.1 percent year-on-year to CNY 53.54 billion, as the coronavirus outbreak hurt sales in Europe, India and other markets. Gross profit rose 6.1 percent to CNY 7.70 billion, helped by a growing share of services in the sales mix, while adjusted net profit fell 7.2 percent to CNY 3.7 billion. 

Tags: net sales growth falls

Category:Telecommunications

Latest from this category

All news

»
27.11 PSA10 () SCR
27.111108
27.11
27.11
27.11SAKEROCK/ 0
27.11Influence THEROW
27.11 A
27.11FIRSTSPEAR
More »