Xiaomi Corporation has announced its unaudited results for the first quarter of 2025, revealing record highs in revenue and profitability. The company reported total revenue of RMB111.3 billion, marking a 47.4% increase year-over-year. The smartphone × AIoT segment generated RMB92.7 billion, reflecting a 22.8% rise compared to the previous year. Meanwhile, the smart Electric Vehicle $(EV)$, AI, and other new initiatives segment reported revenues of RMB18.6 billion. The company's adjusted net profit reached a record high of RMB10.7 billion, up 64.5% year-over-year. The gross profit for this period was RMB25.4 billion, indicating a 51.0% increase from the prior year. Operating profit also saw significant growth, reaching RMB13.1 billion, a substantial 256.4% rise from the first quarter of 2024. In terms of quarter-over-quarter performance, the revenue increased by 2.1% from the fourth quarter of 2024. The adjusted net profit rose by 28.4% from the previous quarter. Xiaomi continues to advance its corporate strategy of "Human × Car × Home," with a focus on integrating its technology across various sectors including smart home devices and electric vehicles. The company remains committed to executing its operating strategy of "steadfastly forging ahead."
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