Zhitong
2024.09.26 09:43

Xiaomi Corporation 2024 Interim Report: Revenue in the first half of the year was 1643.95 billion yuan, a year-on-year increase of 29.6%

On the afternoon of September 26th, Xiaomi Corporation released its interim report for 2024. As of June 30, 2024, Xiaomi Corporation's unaudited revenue was RMB 164.395 billion, a year-on-year increase of 29.6%; the profit for the first half of the year was RMB 9.28 billion, a year-on-year increase of 17.86%. According to the financial report, in the first half of 2024, Xiaomi Corporation's smartphone and AIoT division revenue was RMB 158 billion, a year-on-year increase of 24.6%; the revenue from innovative businesses such as smart electric vehicles was RMB 6.4 billion; with a gross profit margin of 21.4%