{"id":23973,"date":"2023-11-20T18:56:56","date_gmt":"2023-11-20T18:56:56","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/?p=23973"},"modified":"2023-11-20T12:41:03","modified_gmt":"2023-11-20T12:41:03","slug":"xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings","title":{"rendered":"Xiaomi revenue edges higher but profit leaps on cost savings"},"content":{"rendered":"

Reporting by Yelin Mo in Beijing and Brenda Goh in Shanghai Editing by Jacqueline Wong and David Goodman<\/b><\/p>\n

Africa-Press – Eritrea. <\/strong><\/span>Xiaomi Corp (1810.HK) reported a small increase in revenue for the third quarter, though smartphone shipments were flat as China’s economic recovery struggled to gather momentum.<\/p>\n

Te smartphone maker’s sales totalled 70.9 billion yuan ($9.83 billion), beating an average estimate of 70.2 billion yuan from 13 analysts polled by LSEG.<\/p>\n

Net income jumped by 183% from a year earlier to 6 billion yuan thanks to lower component costs and operating efficiencies across the business. That compared with a consensus estimate of 4.6 billion yuan.<\/p>\n

Reuters<\/b><\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Reporting by Yelin Mo in Beijing and Brenda Goh in Shanghai Editing by Jacqueline Wong and David Goodman Africa-Press – Eritrea. Xiaomi Corp (1810.HK) reported a small increase in revenue for the third quarter, though smartphone shipments were flat as China’s economic recovery struggled to gather momentum. Te smartphone maker’s sales totalled 70.9 billion yuan […]<\/p>\n","protected":false},"author":84,"featured_media":23972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[242,243,233],"class_list":["post-23973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-eritrea","tag-eritrea"],"yoast_head":"\nXiaomi revenue edges higher but profit leaps on cost savings - Eritrea<\/title>\n<meta name=\"description\" content=\"Xiaomi Corp (1810.HK) reported a small increase in revenue for the third quarter, though smartphone shipments were flat ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xiaomi revenue edges higher but profit leaps on cost savings\" \/>\n<meta property=\"og:description\" content=\"Xiaomi Corp (1810.HK) reported a small increase in revenue for the third quarter, though smartphone shipments were flat ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-20T18:56:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1700471270.809583.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Xiaomi revenue edges higher but profit leaps on cost savings\",\"datePublished\":\"2023-11-20T18:56:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings\"},\"wordCount\":120,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/11\/sm_1700471270.809583.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/xiaomi-revenue-edges-higher-but-profit-leaps-on-cost-savings\",\"name\":\"Xiaomi revenue edges higher but profit leaps on cost savings - 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