Xiaomi Corp (XIACF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Xiaomi Group's 2025 Q3 results presentation, investors conference call and webcast. So if there are any issues, you may hang up now. During the Q&A session, if you have questions, please press star one. To cancel, please press star two. May I ask general manager of IR department and PR department to host this call? Good evening, everyone. Welcome to Q3 2025 earnings call for investors of Xiaomi Group and also the webcast. Before we begin, let me remind you, in this event, there may be forward-looking representations and statements, and they will be affected by different uncertainties and risks. And in the future, there will be various factors that may lead to the situation that the points made today may not happen. And when it comes to information about the market, they are outside of Xiaomi company's channels. And there are information and financial metrics that are unaudited, non-IFRS criteria-based. And so... In attendance today, we have partner and Group President of Xiaomi, Mr. Lu Weibing, Xiaomi Group Vice President and CFO, Mr. Alan Lam. At the beginning, Mr. Lu will share our latest strategic update and also our business operations. After that, Mr. Alan Lam will present our results for Q3 2025. After that, we'll move on to Q&A. Now I will pass the floor to Mr. Liu. Good evening, everyone. Welcome and thank you for joining our Q3 2025 earnings call. As you already read from our financial statements, this quarter, Xiaomi once again delivered a solid financial performance. In Q3, amid a rapidly changing external environment and intense competition, Xiaomi's business lines maintained steady growth. Group total revenue reached $113.1 billion, up 22.3% year-on-year, marking the fourth consecutive quarter exceeding $100 billion. Group growth profit margin...