HawkInsight

  • Contact Us
  • App
  • English

Xiaomi's gross margin hit a record high in the second quarter, with high-end mobile phone shipments accounting for 20.1%

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.。

·Original

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.