15-12-2014 04:22 via uk.news.yahoo.com

Xiaomi made $56 million profit in 2013 - filing

BEIJING (Reuters) - China's Xiaomi Technology Ltd Co made a profit of 347.48 million yuan (£35.7 million) on 26.58 billion yuan (£2.73 billion) in revenue in 2013, Chinese securities filings dated Monday show. The filings also revealed chairman and chief executive Lei Jun claims 77.8 percent ownership of the company, while unnamed shareholders split the remaining shares. ...
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