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Xiaomi Group Reports Q1 Adjusted Net Profit of 6.072 Billion Yuan, Marking a 43.1% Year-on-Year Decline
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Author：小编
On May 26, Xiaomi Group unveiled its financial results for the first quarter (Q1) of 2026, disclosing a total revenue of 99.1 billion yuan, which represents a 10.9% decrease compared to the same period last year. The adjusted net profit for the quarter stood at 6.1 billion yuan, also reflecting a 43.1% year-on-year decline. Notably, revenue generated from innovative ventures, including smart electric vehicles and artificial intelligence (AI), amounted to 19.9 billion yuan, experiencing a 6.9% growth year-on-year.
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