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Xiaomi reports 21.4% rise in revenue for Q4 2021 -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – This illustration, taken on September 30, 2021, shows the 3D printed logo of Xiaomi. REUTERS/Dado Ruvic

SHANGHAI (Reuters) – Chinese phone maker Xiaomi (OTC) Corp announced Tuesday a 21.4% jump in fourth-quarter revenues, surpassing analyst expectations.

From 70.46 trillion yuan the previous year, revenue rose to 85.58 Billion Yuan ($13.45 Billillion) during the quarter that ended December 31. According to data from Refinitiv, analysts expected revenues of 81.80 trillion yuan.

($1 = 6.3636 renminbi)

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