by winston » Wed Mar 20, 2019 10:02 am
vested
<Result Ann>XIAOMI-W (01810.HK) Posts RMB13.55B Profit in 2018, Beating; No Final Div
XIAOMI-W (01810.HK) announced results for the full-year of 2018, posting a profit of RMB13.554 billion against a loss of RMB43.826 billion recorded in 2017.
The profit beats the median, RMB10.596 billion, of the forecasts made by 16 brokers previously.
According to Non-IFRS Measure, the company's adjusted net profit for 2018 amounted to RMB8.555 billion, beating the forecasts of RMB8.095-8.53 billion made by eight brokers.
No final dividend was declared.
Last year, income jumped 52.6% yearly to RMB174.915 billion while expenditure on research and development ballooned 83.3% to RMB5.8 billion.
Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"