外文标题：Xiaomi made $56 million profit in FY14
BEIJING: China's Xiaomi Technology made a profit of 347.48 million yuan ($56.15 million) on 26.58 billion yuan ($4.30 billion) in revenue in 2013, Chinese securities filings dated Monday show.
The filings also revealed chairman and chief executive Lei Jun claims 77.8% ownership of the company, while unnamed shareholders split the remaining shares.
The newly disclosed figures provide a snapshot of a four-year-old company that has since become the most popular smartphone vendor in China and the third-largest vendor in the world, thanks to a lineup of handset that are considered high-quality yet relatively inexpensive.
The results help shed light on long-running speculation in the technology industry over Xiaomi's margins and the financial impact of business model.
The financial results were included in disclosures made to the Shenzhen Stock Exchange after Xiaomi purchased a 1.3% stake in Midea Group, a publicly traded electrical appliance company, for 1.27 billion yuan.
A Xiaomi spokeswoman could not immediately provide comment.
By comparison, Apple reported $25.4 billion in 2013 revenue in Greater China.
Xiaomi business model is the best!!
Bengaluru Raaja ()
the rise and "fall" of a dumb chinese mobile cmpny ltd.
The phones are really good based on the reviews, however they cannot run the business long term with patent issues curbing day in day out..
Its one of the best smartphones i can say
Upasana Rajput (ahmedabad)
rahul sharma (Unknown)
Xiaomi will lead the mobile industry in next 5 years
Music to Modi"s ears by a Chinese company.
ketan m (mumbai)
MI3 is a good phone indeed.
major contributor was India
badegg (US) replies to Ajit
Only 500K Xiaomi phones were sold in India, roughky 1% of Xiaomi's anual sales. India is not a big market for phones of more than US$200