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<Results>XIAOMI-W 1Q Non-IFRS NP Up 101% YoY to $6.491B, Well Beyond Forecast
Recommend 59 Positive 117 Negative 43 |
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XIAOMI-W (01810.HK) released its 1Q24 results ended March 2024. Turnover amounted to RMB75.507 billion, up 27% YoY. Net profit amounted to RMB4.182 billion, down 0.5% YoY. EPS was RMB0.17. Adjusted net profit amounted to RMB6.491 billion, up 100.8% YoY, surpassing the forecasts of 13 brokers in the range of RMB4.888 billion to RMB5.6 billion as summarized by our reporters. The Group's gross profit margin reached 22.3%, up 2.8 percentage points YoY, exceeding the forecasts of 8 brokers in the range of 20.4-22.1%. AAStocks Financial News |
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