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2018 q2 announcement 129.7 kb presentation 8.8 mb q3 announcement 160.4 kb presentation 5.4 mb q4 announcement 651.8 kb presentation 4.3 mb 7,140 crore) to exceed expectations Xiaomi reports q3 revenue up 22.3% yoy to ~$15.9b, below ~$16.4b est., and net profit up 80.9% yoy to ~$1.59b, above ~$1.5b est., driven by ai and ev sales published about an hour ago
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On 18 november, chinese tech giant and ev maker xiaomi released its q3 financial results The company surpassed analyst expectations with revenue of 92.5 billion. Its profit also reached 6.3 billion rmb (870.24 million usd), increasing 4.4% yoy.
In q3, xiaomi’s cash resources continue to exhibit an upward trend, reaching a new high of rmb151.6 billion as of september 30, 2024
During this year’s double 11 shopping festival, xiaomi’s omnichannel cumulative gross merchandise value (“gmv”) surpassed rmb31.9 billion, reaching a record high. Xiaomi corp reported a significant 30.5% increase in its q3 revenue, attributed to its new electric car, the su7 sedan