Q4 earnings

Xiaomi registered a double-digit drop in revenue in the final quarter of 2022 due to a resurgence in Covid-19 (coronavirus) in China and global macroeconomic headwinds, with declines in smartphone shipments and ASP.

Chinese internet giant Tencent registered double-digit profit growth in the final quarter of 2022, led by gains in online advertising and international games, though its social networks and fintech businesses slowed.

Veon CEO Kaan Terzioglu (pictured) highlighted local currency gains by its remaining operating units during Q4 2022, though the company noted the fluid nature of the ongoing war between Russia and Ukraine continued to have an impact despite a…

Hon Hai Precision (Foxconn) forecast revenue from smart consumer electronics products including iPhones to fall in 2023, after registering a decline in Q4 2022 profit.

Group CEO of e& Hatem Dowidar (pictured) revealed it is assessing new opportunities across Africa, Europe and Asia, and had regulatory approval to slightly increase its stake in Vodafone Group, during an interview with Bloomberg TV to discuss its Q4…

Baidu’s Q4 2022 profit grew year-on-year, with the company predicting revenue growth this year as China’s economy continues to recover from Covid-19 (coronavirus) lockdowns.

Axiata Group highlighted a strong underlying performance across most regional markets after earnings exceeded guidance in 2022, aided by lower capex and continued cost management.