--- title: "Xiaomi Corporation 2024 Interim Report: Revenue in the first half of the year was 1643.95 billion yuan, a year-on-year increase of 29.6%" type: "News" locale: "en" url: "https://longbridge.com/en/news/215283950.md" description: "Xiaomi Corporation released its 2024 interim report. As of June 30, 2024, the revenue was 164.395 billion RMB, a year-on-year increase of 29.6%; the profit was 9.28 billion RMB, a year-on-year increase of 17.86%. The revenue of the smartphone and AIoT division was 158 billion RMB, a year-on-year increase of 24.6%; the revenue from innovative businesses such as smart electric vehicles was 6.4 billion RMB, with a gross profit margin of 21.4%" datetime: "2024-09-26T09:43:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/215283950.md) - [en](https://longbridge.com/en/news/215283950.md) - [zh-HK](https://longbridge.com/zh-HK/news/215283950.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/215283950.md) | [繁體中文](https://longbridge.com/zh-HK/news/215283950.md) # Xiaomi Corporation 2024 Interim Report: Revenue in the first half of the year was 1643.95 billion yuan, a year-on-year increase of 29.6% On the afternoon of September 26th, Xiaomi Corporation released its interim report for 2024. As of June 30, 2024, Xiaomi Corporation's unaudited revenue was RMB 164.395 billion, a year-on-year increase of 29.6%; the profit for the first half of the year was RMB 9.28 billion, a year-on-year increase of 17.86%. According to the financial report, in the first half of 2024, Xiaomi Corporation's smartphone and AIoT division revenue was RMB 158 billion, a year-on-year increase of 24.6%; the revenue from innovative businesses such as smart electric vehicles was RMB 6.4 billion; with a gross profit margin of 21.4% ### Related Stocks - [Xiaomi Corporation (XIACY.US)](https://longbridge.com/en/quote/XIACY.US.md) - [XIAOMI-WR (81810.HK)](https://longbridge.com/en/quote/81810.HK.md) - [XIAOMI-W (01810.HK)](https://longbridge.com/en/quote/01810.HK.md) ## Related News & Research - [Tesla China Demand Faces More Pressure: New Rival Premium EV Hits 15,000 Orders In 34 Minutes](https://longbridge.com/en/news/280672221.md) - [Xiaomi kicks off upgraded SU7 deliveries, signs major China track deals](https://longbridge.com/en/news/280090365.md) - [Gold Hunter shifts from quiet buildup to fully funded drilling push at Newfoundland gold district](https://longbridge.com/en/news/281261616.md) - [Xpeng Mar deliveries rebound sequentially despite year-on-year decline](https://longbridge.com/en/news/281331957.md) - [Several Baidu Apollo Go Robotaxis Freeze In China, Raising Concerns About AV Safety: Report](https://longbridge.com/en/news/281345987.md)