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<Blue Chip Results>XIAOMI 2022 Non-IFRS Adj. NP Dives 61.4% YoY to RMB8.518B, In Line
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XIAOMI-W (01810.HK) announced annual result ended December 2022. The turnover declined 14.7% year on year to RMB280.044 billion. The net profit amounted to RMB2.474 billion, down 87.2%. EPS was RMB0.1. No dividend was declared.

The non-IFRS adjusted net profit tumbled 61.4% yearly to RMB8.518 billion, broadly in line with brokers' forecast as compiled by our reporters at RMB8.2-8.417 billion.

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