By Che Pan and Brenda Goh
BEIJING, May 27 (Reuters) - China's Xiaomi 1810.HK reported a 47.4% jump in first-quarter revenue on Tuesday as the company doubled down on making electric vehicles.
Revenue for the quarter ended March 31 was 111.3 billion yuan ($15.48 billion), beating the 107.6 billion yuan average of 17 analyst estimates compiled by LSEG.
Adjusted net profit jumped 64.5% year-on-year to 10.7 billion yuan, ahead of the average estimate of 8.96 billion yuan, according to LSEG data.
($1 = 7.1920 Chinese yuan renminbi)
(Reporting by Che Pan and Brenda Goh; Editing by Muralikumar Anantharaman)
((Che.Pan@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。