Viomi Technology reports first-half 2025 net revenues of RMB1.48 billion and net income of RMB120.4 million

Reuters11-10
Viomi Technology reports first-half 2025 net revenues of RMB1.48 billion and net income of RMB120.4 million

Viomi Technology Co. Ltd. reported net revenues of RMB 1,477.6 million (USD 206.3 million) for the first half of 2025, an increase of 76.6% from RMB 836.6 million in the same period of 2024. Net income attributable to ordinary shareholders was RMB 120.4 million (USD 16.8 million), up 64.7% from RMB 73.1 million in the first half of 2024. Gross profit reached RMB 391.2 million (USD 54.6 million), compared to RMB 259.2 million in the prior year period, with a gross margin of 26.5% versus 31.0%. Total operating expenses were RMB 281.4 million (USD 39.3 million), a 38.4% increase year over year. Revenues from kitchen appliances and others rose 140.9% to RMB 296.1 million (USD 41.3 million), mainly due to higher sales to Xiaomi. In August 2024, Viomi completed a strategic reorganization, divesting its IoT@Home portfolio products except for range hoods, gas stoves, and water heaters.

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