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<Results>XIAOMI-W 3Q Non-IFRS NP Up 80.9% to RMB11.311B Beats
Recommend 22 Positive 51 Negative 18 |
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XIAOMI-W (01810.HK) announced its third-quarter results ending September 30, 2025. Revenue reached RMB113.121 billion, up 22.3% YoY, topping the median forecast of RMB112.417 billion from 16 brokers surveyed by this website. Gross profit added 37.4% YoY to RMB25.936 billion. Net profit was RMB12.271 billion, up 129.3% YoY, exceeding the forecast of RMB8.939-10.941 billion from 9 brokers surveyed by this website. EPS equaled RMB0.47. On a non-IFRS basis, adjusted net profit for the third quarter shot up by 80.9% YoY to RMB11.311 billion, a record high, and outperformed the forecast of RMB9.51-10.557 billion from 15 brokers surveyed by this website, with a median of RMB10.065 billion. Xiaomi delivered 108,800 new cars last quarter, a 33.8% YoY increase, setting a new record. The average price of smart electric vehicles rose 2.5% from RMB253,700 per vehicle in the second quarter to RMB260,100 per vehicle in the third quarter, mainly due to increased deliveries of the higher-ASP Xiaomi YU7 series. As of September 30, in the Chinese Mainland, the company opened 402 smart EV sales centers across 119 cities and operated 209 service centers across 125 cities. AAStocks Financial News |
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