Xiaomi Corporation Reports Revenues of RMB59.5 Billion in Q1

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Xiaomi Corporation Reports Revenues of RMB59.5 Billion in Q1

Tiger Newspress2023-05-24

Xiaomi Corp (1810.HK) posted on Wednesday revenue of 59.5 billion yuan ($8.61 billion) for the quarter ending in March, down 18.9% and line with analyst expectations.

Net income reached 3.23 billion yuan, up 13.1%, and above expectations.

($1 = 6.9121 Chinese yuan renminbi)

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