financetom
Business
financetom
/
Business
/
Xiaomi reports 47% revenue growth as its launches new electric SUV
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Xiaomi reports 47% revenue growth as its launches new electric SUV
May 27, 2025 3:00 AM

BEIJING, May 27 (Reuters) - China's Xiaomi ( XIACF )

reported a 47.4% jump in first-quarter revenue on Tuesday as the

company doubled down on making electric vehicles.

Revenue for the quarter ended March 31 was 111.3 billion

yuan ($15.48 billion), beating the 107.6 billion yuan average of

17 analyst estimates compiled by LSEG.

Adjusted net profit jumped 64.5% year-on-year to 10.7

billion yuan, ahead of the average estimate of 8.96 billion

yuan, according to LSEG data.

($1 = 7.1920 Chinese yuan renminbi)

(Reporting by Che Pan and Brenda Goh; Editing by Muralikumar

Anantharaman)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved