Xiaomi released its fourth quarter and full-year financial results in 2021. According to the financial report, the company’s total revenue in the fourth quarter reached 85.6 billion yuan, a year-on-year increase of 21.4%; adjusted net profit reached 4.5 billion yuan, a year-on-year increase of 39.6%.
For the full year of 2021, Xiaomi Group’s total revenue reached RMB 328.3 billion, a year-on-year increase of 33.5%; adjusted net profit reached RMB 22 billion, a year-on-year increase of 69.5%.
According to TWhosting statistics, in the fourth quarter of 2021, Xiaomi Group’s IoT and consumer product revenue reached RMB 25.1 billion, a year-on-year increase of 19.1%. For the full year of 2021, Xiaomi Group’s IoT and consumer product business revenue reached RMB 85 billion, a year-on-year increase of 26.1%.
