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XIAOMI-W Leaps 2%+ at Open Post-results; 1Q Profit Up 1.6x Beats
XIAOMI-W (01810.HK) opened up 2.33% today (28th). It last printed at $52.75, on pre-market volume of 7.29 million shares and turnover of $385 million.XIAOMI-W had announced its res...
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XIAOMI-W Leaps 2%+ at Open Post-results; 1Q Profit Up 1.6x Beats
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XIAOMI-W (01810.HK)  -0.750 (-1.451%)    Short selling $1.62B; Ratio 15.488%   opened up 2.33% today (28th). It last printed at $52.75, on pre-market volume of 7.29 million shares and turnover of $385 million.

XIAOMI-W had announced its results after market close yesterday (27th). For the 1Q ending March 31, it recorded a net profit of RMB10.924 billion, up 161% YoY, beating the consensus of five brokers, which ranged from RMB7.851 billion to RMB9.006 billion, as compiled by our website.

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The non-IFRS adjusted net profit was RMB10.68 billion, reflecting a 64.5% YoY rally, also exceeding expectations compared to a consensus of 10 brokers predicting RMB9.113 billion to RMB9.933 billion as compiled by our website.

During the earnings call, President Lu Weibing underscored that Xiaomi is not concerned about price wars, stating that such competition is fundamentally a battle of cost and efficiency.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-30 16:25.)

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