US EditionCX Briefing: Xiaomi Posts Record First-Quarter Profit
- Xiaomi Corp. Announced a record-breaking profit and a surge in revenue reaching 111.3 billion yuan in China for the quarter ending March 31, 2025.
- The revenue increase of 47% year-on-year resulted from Xiaomi's strategic focus on high-end smartphones, home appliances, and electric vehicles.
- Xiaomi sold 75,869 SU7 electric sedans, plans to launch its second electric SUV model YU7 in July, and operated 235 car sales centers across 65 cities.
- Adjusted net profit rose 65% to 10.7 billion yuan, with the EV unit generating 18.1 billion yuan despite challenges like a fatal accident and declining new EV orders.
- The results show Xiaomi's premium product strategy is contributing to growth, but safety concerns and softened EV demand may affect future vehicle sales.
20 Articles
20 Articles
Xiaomi Winds Grew by Nearly 50% After the Company Concentrated on Electric Cars - HotNews.ro
Xiaomi company in China, one of China's most important telephone industry, reported an annual increase of 47.4% of income from the first quarter. The growth comes after last year, the company intensified its efforts...
Xiaomi posts record profit in first quarter of 2025 - TechCentral.ie
Xiaomi saw both revenue and profit rise to a record high in the first quarter of 2025. This impressive growth was driven by a strategic shift to high-end smartphones and tablets, as well as the successful launch of electric vehicles (EVs) in late March 2024. During an earnings call, Xiaomi chairman Lu Weibing attributed the [… The post Xiaomi posts record profit in first quarter of 2025 appeared first on TechCentral.ie.
Xiaomi renews record with 111.3 billion RMB revenue in Q1 2025
Chinese tech company Xiaomi recently released its financial report for Q1 2025. Once again, Xiaomi broke its own record with 111.3 billion RMB (15.45 billion USD) of revenue, a 47.4% year-on-year (YoY) increase. Net profit was 10.9 billion RMB (1.51 billion USD), up a whopping 161% YoY. Even the adjusted net profit was up 64.5% YoY at 10.7 billion RMB (1.49 billion USD). 2.72 billion RMB in profit! Xiaomi delivers “best-ever” annual result The …
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