{"id":30737,"date":"2020-05-22T15:17:01","date_gmt":"2020-05-22T15:17:01","guid":{"rendered":"https:\/\/www.gsmarena.com\/xiaomi_reports_136_increase_in_revenue_for_q1_2020_higher_gross_profit-news-43371.php"},"modified":"2020-05-22T15:17:01","modified_gmt":"2020-05-22T15:17:01","slug":"xiaomi-reports-13-6-increase-in-revenue-for-q1-2020-higher-gross-profit","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/05\/22\/xiaomi-reports-13-6-increase-in-revenue-for-q1-2020-higher-gross-profit\/","title":{"rendered":"Xiaomi reports 13.6% increase in revenue for Q1 2020, higher gross profit"},"content":{"rendered":"

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Xiaomi published its financial results for the first quarter of 2020 and the numbers are up across the board, despite the difficult market situation.<\/p>\n

Total revenue was up 13.6% year on year to CNY 49.7 billion, beating the estimations. Gross profit increased significantly, up 44.9%, to CNY 7.56 billion, despite the higher R&D expenses (CNY 1.9 billion, +13.4% YoY).<\/p>\n

60% of that total revenue was generated by smartphones, which brought in CNY 30.3 billion (+12.3% YoY). The number of shipments went up to 29.2 million units, representing a small increase compared to Q1 last year. Analysts…<\/p>\n\n

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<\/p>","protected":false},"excerpt":{"rendered":"

Xiaomi published its financial results for the first quarter of 2020 and the numbers are up across the board, despite the difficult market situation.<\/p>\n

Total revenue was up 13.6% year on year to CNY 49.7 billion, beating the estimations. Gross profit…<\/p>\n<\/div>","protected":false},"author":60,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Xiaomi reports 13.6% increase in revenue for Q1 2020, higher gross profit - ITTeacherITFreelance.hk","description":"Xiaomi published its financial results for the first quarter of 2020 and the numbers are up across the board, despite the difficult market situation. Total reve"},"footnotes":""},"categories":[8,21],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/30737"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=30737"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/30737\/revisions"}],"predecessor-version":[{"id":30738,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/30737\/revisions\/30738"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=30737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=30737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=30737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}