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Xiaomi posted its quarterly financial analysis, and the numbers show a significant decline. Revenue for the July-September 2022 period was CNY70.5 billion, just south of $10 billion. Of them, 50.5% came from overseas markets.<\/p>\n
The revenue is 10% lower compared to last year. Net profit dropped even more – 59% year-on-year to CNY 2.1 billion ($294 million). However, that was partially due to the CNY 829 million ($116 million) investment in the newly set up EV business and other projects that should bear fruit in the future.<\/p>\n
The company also revealed investments in R&D increased by 25%,…<\/p>\n\n
Xiaomi posted its quarterly financial analysis, and the numbers show a significant decline. Revenue for the July-September 2022 period was CNY70.5 billion, just south of $10 billion. Of them, 50.5% came from overseas markets.<\/p>\n The revenue is 10% low…<\/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's Q3 financial report reveals 10% drop in revenue - ITTeacherITFreelance.hk","description":"Xiaomi posted its quarterly financial analysis, and the numbers show a significant decline. Revenue for the July-September 2022 period was CNY70.5 billion, just"},"footnotes":""},"categories":[8,21],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/317984"}],"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=317984"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/317984\/revisions"}],"predecessor-version":[{"id":317987,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/317984\/revisions\/317987"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=317984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=317984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=317984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\\\"IT\u96fb\u8166\u88dc\u7fd2](\\\"http:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-content\/uploads\/2016\/05\/logo2-2.png\\\"){kind=logo}
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