{"id":653144,"date":"2025-11-19T09:11:19","date_gmt":"2025-11-19T03:41:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=653144"},"modified":"2025-11-19T09:44:36","modified_gmt":"2025-11-19T04:14:36","slug":"xiaomi-reports-81-jump-in-third-quarter-profit-on-strong-ev-sales","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/xiaomi-reports-81-jump-in-third-quarter-profit-on-strong-ev-sales\/","title":{"rendered":"Xiaomi reports 81% jump in third-quarter profit on strong EV sales"},"content":{"rendered":"<p>China&#8217;s Xiaomi reported a 80.9% jump in third-quarter profit on Tuesday as the world&#8217;s third-largest smartphone maker doubled down on its shift into electric vehicles.<\/p>\n<p>Adjusted net profit reached 11.3 billion yuan ($1.59 billion), exceeding the average estimate of 10.3 billion yuan, according to LSEG data.<\/p>\n<p>The company said in a stock filing that the growth was driven by EV, AI and other new initiatives, achieving positive income from operations in a single quarter for the first time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s Xiaomi reported a 80.9% jump in third-quarter profit on Tuesday as the world&#8217;s third-largest smartphone maker doubled down on its shift into electric vehicles. Adjusted net profit reached 11.3 billion yuan ($1.59 billion), exceeding the average estimate of 10.3 billion yuan, according to LSEG data. The company said in a stock filing that the growth was driven by EV, AI and other new initiatives, achieving positive income from operations in a single quarter for the first time.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-653144","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/653144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=653144"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/653144\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=653144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=653144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=653144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}