Pandaily

Pandaily

Share this post

Pandaily
Pandaily
Xiaomi Sees Annual Decline in Q3 Net Profits and Revenue, Car Production Ran Smoothly
Copy link
Facebook
Email
Notes
More

Xiaomi Sees Annual Decline in Q3 Net Profits and Revenue, Car Production Ran Smoothly

Nov 25, 2022
∙ Paid

Share this post

Pandaily
Pandaily
Xiaomi Sees Annual Decline in Q3 Net Profits and Revenue, Car Production Ran Smoothly
Copy link
Facebook
Email
Notes
More
Share
Xiaomi Sees Annual Decline in Q3 Net Profits and Revenue, Car Production Ran Smoothly
(Source: Xiaomi)

Xiaomi released its financial report for the third quarter of 2022 on November 23. Its revenue in the period was 70.47 billion yuan ($9.87 billion), down 9.7% year-on-year. Net profits were -1.476 billion yuan, while adjusted net profits were 2.117 billion yuan, down 59.1% year-on-year.

During a conference call, Wang Xiang, President of X…

Keep reading with a 7-day free trial

Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Pandaily
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More