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Xiaomi not as 'healthy' as expected in 2013

By Gao Yuan ( China Daily ) Updated: 2014-12-16 07:23:23

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.

Xiaomi not as 'healthy' as expected in 2013

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