Xiaomi has reported its earning for the first quarter (Q1 2020) of 2021 that ended March 31, 2021. It reported revenue of 76.9 billion yuan (US$ 12.03 billion), an increase of 54.7% compared to Q1 2020. Adjusted net profit (Non-IFRS Measure) was 6.1 billion yuan, an increase of 163.8% year-over-year. The company said that both … Continue reading "Xiaomi reports record revenue and profit, 163.8% increase in profit in Q1 2021"
Wednesday, 26 May 2021
Xiaomi reports record revenue and profit, 163.8% increase in profit in Q1 2021
Xiaomi has reported its earning for the first quarter (Q1 2020) of 2021 that ended March 31, 2021. It reported revenue of 76.9 billion yuan (US$ 12.03 billion), an increase of 54.7% compared to Q1 2020. Adjusted net profit (Non-IFRS Measure) was 6.1 billion yuan, an increase of 163.8% year-over-year. The company said that both … Continue reading "Xiaomi reports record revenue and profit, 163.8% increase in profit in Q1 2021"
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