Xiaomi's gross margin hit a record high in the second quarter, with high-end mobile phone shipments accounting for 20.1%
Hawk News
2023-08-30 19:37:25
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In the second quarter, Xiaomi Group's total revenue reached RMB 67.4 billion, up 13% from the previous quarter, and adjusted net profit reached RMB 5.1 billion, up 147% year-on-year, the highest profit performance in a single quarter since Q4 2021, far exceeding market expectations.。As of the first half of 2023, Xiaomi's adjusted net profit was RMB8.4 billion, which is close to last year's full-year adjusted net profit level.。
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