Xiaomi’s first quarter report: net revenues both achieved double-digit growth, with overseas income accounting for half

Xiaomi’s first quarter report: net revenues both achieved double-digit growth, with overseas income accounting for half
Sauna Night News (reporter promised) After May 20th, Xiaomi Group announced the performance of the first quarter of this year on the Hong Kong Stock Exchange.The financial report shows that in the first three months of this year, the group’s total revenue was 49.7 billion yuan, an annual increase of 13.6%, adjusted net profit reached 2.3 billion yuan, and an annual increase of 10.6%, both of which have achieved growth in both countries.And overseas income also reached 24.8 billion yuan, an annual increase of 47.8%, half of total income for the first time.In the financial report, Xiaomi quoted analysis statistics and pointed out that the overall trend of the global mobile phone market affected by the epidemic in the first quarter, but Xiaomi bucked the trend and was among the top five global manufacturers in terms of growth.Revenue from the mobile phone business in the first quarter was RMB 30.3 billion, a year-on-year increase of 12.3%.Sales reached 29.2 million units, an annual increase of 4.7%.Benefiting from the growth of Xiaomi’s global mobile phone market share, global MIUI monthly active users reached 3.3 billion, an annual increase of 26.7%.Xiaomi pointed out that as of March 31, 2020, the number of connected IoT devices (excluding smartphones and laptops) of the company’s IoT platform reached 2.5.2 billion, an annual increase of 42.6%.The number of monthly active users of the artificial intelligence assistant “Xiaoai Classmate” reached 70.5 million in March 2020, a longer growth of 54.9%.Internet business income is growing 38% annually.6%, reaching RMB 5.9 billion, and the proportion of total revenue also reached a new high, reaching 11.9%.Sauna, Ye Wang promised editor Chen Li proofreading Li Xiangling