Xiaomi Corp. Unsponsored ADR Class B ( (XIACY) ) has released its Q1 earnings. Here is a breakdown of the information Xiaomi Corp. Unsponsored ADR Class B presented to its investors.
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Xiaomi Corporation, a leading player in the technology sector, is renowned for its innovative products in smartphones, IoT, and electric vehicles. In its latest earnings report for the first quarter of 2025, Xiaomi showcased impressive growth, with a record revenue of RMB111.3 billion, marking a 47.4% increase year-over-year. The company’s operating profit surged by 256.4% to RMB13.1 billion, and the adjusted net profit reached RMB10.7 billion, up 64.5% from the previous year. Xiaomi’s smartphone and AIoT segment generated RMB92.7 billion in revenue, while its smart EV, AI, and other new initiatives contributed RMB18.6 billion. The company maintained its position as a top global smartphone vendor and expanded its IoT ecosystem, with connected devices reaching 943.7 million. Xiaomi’s strategic focus on premium products and retail expansion has bolstered its market presence, particularly in China, where it reclaimed the top spot in smartphone shipments. Looking ahead, Xiaomi remains committed to advancing its technology capabilities and expanding its global footprint, with plans to open new retail stores and enhance its product offerings.