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Xiaomi has reported its earning for the first quarter (Q1 2020) of 2021 that ended March 31, 2021. It reported revenue of 76.9 billion yuan (US$ 12.03 billion), an increase of 54.7% compared to Q1 2020.  Adjusted net profit (Non-IFRS Measure) was 6.1 billion yuan, an increase of 163.8% year-over-year. The company said that both … Continue reading "Xiaomi reports record revenue and profit, 163.8% increase in profit in Q1 2021"

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