Xiaomi releases Q2 earnings report

Revenue for the second quarter of 2021 was 87.79 billion yuan, and the market forecast was 84.089 billion yuan, compared to 53,538 billion yuan in the same period last year;
Net profit for the second quarter of 2021 was 8.27 billion yuan, and the market forecast was 5.45 billion yuan, compared to 4.498 billion yuan in the same period last year;
Net profit for the first half of the year was 16.06 billion yuan; revenue for the first half of the year was 164.7 billion yuan;
In the second quarter of 2021, smartphone revenue reached RMB 59.1 billion, up 86.8% year on year; global smartphone shipments reached 52.9 million units, up 86.8% year on year.
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