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Xiaomi Group Reports Adjusted Net Loss of RMB 700 Million for Innovative Businesses, Primarily Smart Electric Vehicles, in Q4 2024
2025-03-18 /
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Author：小编
Xiaomi Group's financial report for the fourth quarter of 2024 reveals that its innovative businesses, encompassing smart electric vehicles, generated a total revenue of RMB 16.7 billion. Among this, smart electric vehicle revenue contributed RMB 16.3 billion. The gross margin for this segment during the quarter stood at 20.4%, while the adjusted net loss amounted to RMB 700 million. On a yearly basis, the segment's gross margin was 18.5%, and the adjusted net loss totaled RMB 6.2 billion.
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