Midea Group Co. disclosed in a filing that smartphone maker Xiaomi Inc. posted a net profit of 347 million yuan ($56 million) on revenue of 26.5 billion yuan in 2013. Also, The Wall Street Journal, citing a confidential document, reported in November that on the group level privately held Xiaomi's profit nearly doubled in 2013. Xiaomi said the earnings figures in the Midea filing refer only to Xiaomi Inc., one of the companies under the Xiaomi group. "Xiaomi Invests in Chinese Home Appliance Maker Midea," at 0418 GMT, misstated that Midea's filing said Xiaomi posted a 2013 net profit of 3.5 billion yuan.

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