Xiaomi not as 'healthy' as expected in 2013
By Gao Yuan | China Daily | Updated: 2014-12-16 07:23
Filings show handset maker posted profit far below media expectations
Smartphone maker Xiaomi Corp does not appear to be as profitable as expected, a regulatory filing said on Monday.
The Beijing-based, currently private firm, posted a net profit of just 347.48 million yuan ($56 million) in 2013, 10 percent of what the media had earlier reported.
Photo