$XIAOMI-W(01810.HK) Take off tomorrow 🛫 and hit 55! Sprint to 57 the day after?

LongPort - 热血青年
热血青年

Xiaomi Q2 Earnings Quick Interpretation

Xiaomi Q2 performance summary: Adjusted net profit of 10.83 billion, smartphone gross margin 11.5%, AIOT gross margin 22.5%, automotive gross margin 26.4%, automotive innovation business loss 300 million.$XIAOMI-W(01810.HK) Comment on Xiaomi's Q2 performance, based on this data alone I'd give it 100 points! However, this result was within expectations and largely in line with institutional forecasts, nothing exceeded expectations; the upside for smartphones is limited as Q2 benefited from the 618 shopping festival + State Subsidies to achieve this sales volume...

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