Xiaomi reports RMB14.2 billion first-half net profit as revenue falls 8.4%
Xiaomi reported first-half revenue of RMB208.06 billion, down 8.4% year over year, and net profit attributable to shareholders of RMB14.19 billion. Second-quarter revenue surpassed RMB100 billion, according to the interim-results report. The results cover Xiaomi’s smartphone, connected-device, internet-services and electric-vehicle businesses. They provid...
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Xiaomi reports RMB14.2 billion first-half net profit as revenue falls 8.4%: Xiaomi reported first-half revenue of RMB208.06 billion, down 8.4% year over year, and net profit attributable to shareholders of RMB14.19 billion. Second-quarter revenue surpassed RMB100 billion, according to the interim-results report. The results cover Xiaomi’s smartphone, connected-device, internet-services and electric-vehicle businesses. They provid...