18:19 May 27 2025

Xiaomi's adjusted net profit soared 65% to a record high of CNY10.7 billion (USD1.5 billion) in the first quarter from a year earlier, the Chinese maker of consumer electronics and electric vehicles said today. Revenue jumped 47% to CNY111.3 billion (USD15.5 billion), with income from its EV, AI, and other new businesses climbing to CNY18.6 billion (USD2.6 billion).

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