Smartphone maker Xiaomi posts slowest-ever revenue growth in third quarter
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By Reuters
FILE PHOTO: People walk past a Xiaomi store in Shenyang, Liaoning province, China June 12, 2018. Picture taken June 12, 2018. REUTERS/Stringer
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CHINA STRINGER NETWORK(Reuters)
SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp <1810.HK> on Wednesday posted Q3 revenue of 53.6 billion yuan (£5.9 billion) in revenue, in line with analyst estimates.
The company’s adjusted net profit hit 3.47 billion yuan, also meeting analyst expectations.
(Reporting by Josh Horwitz)
