Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Company - Domestic
 Search News  Or sees profit down 47% in Q3

Nov. 6, 2012 (China Knowledge) - Inc<SOHU>, which runs one of China's largest web portals, earned US$24 million in net profit in the third quarter of this year, reflecting a YoY decrease of 47% from US$46.8 million.

The huge decrease in net profit was mainly due to increasing expenses in recruit of new staffs, said the company.

The net profit for the quarter was higher than the average forecast of US$17.36 billion made by 7 analysts at Thomson Reuters.

Earnings per American Depositary Share for the three months ended Sep. 30 dropped to US$0.63 from US$1.17.

U.S.-listed said its revenue reached US$285 million in the three-month period, up 23% YoY from US$232.9 million. Of the total revenue, brand advertising revenue increased 2% from a year earlier to US$78 million and online game revenue rose 30% YoY to US$151 million.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved