Xiaomi Corporation August 21, 2024, 19:35
Xiaomi Group’s Q2 2024 results show a 32.0% year-over-year increase in total revenue, reaching RMB 88.9 billion, with an adjusted net profit of RMB 6.2 billion. The smart electric vehicle business and other innovative sectors contributed RMB 6.4 billion in revenue. Xiaomi also reported a cash reserve of RMB 141 billion. The company continues to accelerate its global market presence and has delivered 27,307 Xiaomi SU7 vehicles in Q2. AI enhancements have also significantly improved user experience.
Source: Xiaomi Corporation (August 21, 2024, 19:35)
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