Xiaomi registers its historical maximum in income and increases more than 65% its shipments in Spain

As of today, Xiaomi has released its financial results report for fiscal year 2019 . A great growth that denotes the consolidation of the firm not only in China, but also in other markets focused on the European sphere.

In 2019, Xiaomi registered solid growth in all business areas. The group's total revenue exceeded 200 billion yuan for the first time. In detail, the company obtained 205.800 million yuan ( +26.400 million euros ), representing a year-on-year growth of 17.7% .

In the fourth quarter of 2019, Xiaomi's total revenue grew 27.1% to 56.5 billion yuan (+ 7.271 billion euros ). The adjusted net profit was 2.3 billion yuan ( +296 million euros ), representing an increase of 26.5% compared to the same period of the previous year.

More present than ever in Europe

In addition, the income obtained by Xiaomi in the international market was 91.2 billion yuan, which represented an increase of 30.4% compared to the previous year. This represents a year-on-year growth of 40.7%, reaching 26.4 billion yuan ( +3,397 million euros ).

And we can not forget that currently, Xiaomi products are present in more than 90 countries and regions around the world. According to Canalys, last year Xiaomi was in the top-5 of the companies with the highest number of smartphone shipments in 45 countries and regions.

In Western Europe, Xiaomi continued to expand its market share. According to Canalys, the number of Xiaomi mobile shipments in the region registered a growth of 115.4% compared to the same quarter of 2018. Specifically in Spain , France and Italy , shipments grew by 65.7%, 69.9% and 206.2%, respectively.

The entry Xiaomi registers its historical maximum in income and increases more than 65% its shipments in Spain was published first in xiaomi: Xiaomi news and news website in general, we are Xiaomi .

Comments

Popular posts from this blog

What is VoLTE and how can you activate it on your Xiaomi

So you can check the battery status of your Xiaomi smartphone and how many cycles you have performed

How to exit the FASTBOOT mode of your Xiaomi if you have entered accidentally

Does your Xiaomi charge slowly or intermittently? So you can fix it

Problems with Android Auto and your Xiaomi? So you can fix it

If your Xiaomi disconnects only from the WiFi it may be because of that MIUI setting

How to change the font in MIUI and thus further customize your Xiaomi: so you can change the type, color and size of the letters of MIUI

What is the Safe Mode of your Xiaomi, what is it for and how can you activate it

Improve and amplify the volume of your Xiaomi and / or headphones with these simple adjustments

How to activate the second space if your Xiaomi does not have this option