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Xiaomi's Third-Quarter Net Profit Likely Fell Despite Higher Revenue -- Earnings Preview

By MarketWatch   |   Nov 17, 2024 at 10:17 PM EST
Xiaomi's Third-Quarter Net Profit Likely Fell Despite Higher Revenue -- Earnings Preview

Xiaomi is expected to announce third-quarter results with predicted net profit of 4.47 billion yuan, down 8.2%, and revenue of 89.66 billion yuan. Its electric vehicle sales have bolstered stock performance, rising 37% in Q3.

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