The World's Best Amazfit News Center

Amazfit watches and Xiaomi Mi Band bracelets are so popular that Huami boosted revenue even during a pandemic

Although profits collapsed at times Huami is known for its Amazfit smartwatch and Mi Band activity trackers, which it produces exclusively for Xiaomi. Huami today released an unaudited financial report for the first quarter of the fiscal year 2020. Amazfit watches and Xiaomi Mi Band bracelets are so popular that Huami boosted revenue even during a pandemic For three months, Huami’s company revenue amounted to $ 153.7 million, which is 36.1% more than a year earlier. The gross margin was 22.5%. Despite a considerable increase in revenue, operating profit fell 3.8 times to $ 2.9 million, and net profit more than fourfold to

Source: Amazfit watches and Xiaomi Mi Band bracelets are so popular that Huami boosted revenue even during a pandemic

SHARE:

Related articles

Amazfit v2.0 on Behance

An average modern person has a a sedentary lifestyle and needs motivation to be more active. We have designed the Amazfit app for people who want to establish healthy habits and improve their lifestyle. Our product team uses the human-centered design methodologies. We’ve spent significant time on talking to people, understanding their motivations, frustrations, problems and behaviors […]

This site uses Akismet to reduce spam. Learn how your comment data is processed.