2019 annual report
On April 26, Xiaomi Group released annual report of 2019. 1) In 2019, Company achieved solid growth across all our business segments. Total revenue was RMB205.8 billion, an increase of 17.7% year-over-year. Adjusted net profit was RMB11.5 billion, an increase of 34.8% year-over-year. For the fourth quarter of 2019, company recorded RMB56.5 billion in revenue, an increase of 27.1% year-over-year, while adjusted net profit was RMB2.3 billion, an increase of 26.5% year-over-year.
2)Comapny further expanded our global footprint with overseas revenue growing significantly, accounting for 44.3% of our total revenue in 2019. Overseas revenue was RMB91.2 billion, an increase of 30.4% year-over-year. As of December 31, 2019, our products were sold in more than 90 countries and regions. According to Canalys, our smartphone shipments ranked top five in 45 countries and regions in 2019.
Source: Xiaomi Group