129822627354687500_116Online B2B company Q1 earnings show profit per cent turn losses
NetEase tech news on May 22, according to foreign media reports, the large B2B Online network technology company in China Holdings Limited (Chinanet Online Holdings Inc) 2012 today released its first-quarter earnings. The data released today shows that its from the same period last fiscal year's earnings intoLosses. According to the online this year in the fiscal first quarter revenues of $ 14.9 million, $ 7 million over the same period last fiscal year rose by 113%. The main reason for the company's fiscal first quarter revenue growth this year as its TV network advertising, portal, Web site marketing services revenue growth. Online TV advertising revenues for the first quarter of this year reached 10.4 million USMore than 700,000 dollars in the same period of the previous fiscal year increased substantially
Rift Platinum, mainly because of the company's fiscal first quarter of this year the provincial television advertising time sold about $ 10
TERA Gold,396 minutes, far higher than the same period last fiscal year 835 minutes. In addition, due to the increase of Sooe.cn and Liansuo.com increased the number of customers, online in the firstQuarter of online advertising and marketing service revenues reached US $ 4.3 million, over the same period last fiscal year rose by 50%. Net cost of online sales in the first quarter of this year amounted to $ 12.5 million, $ 2 million over the same period last fiscal year increased substantially. The company's gross profit in the first quarter of this year stood at US $ 2.4 million, gross margin of 16%; the previous fiscalYears the company's gross profit of US $ 5 million in the same period, gross profit margin of 71%. Online in this year's first-quarter gross margin fell sharply mainly because, this quarter the company's gross margins lower TV advertising revenue reached around 69% per cent of total revenues, plus this quarter resource costs increased over the same period last fiscal year. The company's business in the first quarter of this yearWith about US $ 2.3 million, $ 2 million over the same period last fiscal year rose by 15.7%. The company management fees of us $ 1.2 million in the first quarter of this year, compared to the previous fiscal year rose by US $ 400,000.
In addition, the company's research and development expenses for the first quarter of this year for $ 300,000, 6.2% less than over the same period last fiscal year. Online firstQuarter operating income $ 130,000, $ 3 million over the same period last fiscal year have fallen sharply. This year attributed to common shareholders for the fiscal first quarter net loss of US $ 400,000, or US $ 0.02 per share loss. Over the same period in the previous fiscal year and the company belonging to common stock shareholders ' net income of us $ 2.6 million, or US $ 0.14 per share profit. As atOn March 31, 2012, online holdings of cash and cash equivalents of $ 9 million, compared with $ 10.7 million on December 31, 2011; working capital is US $ 27.3 million, slightly higher than the $ 27 million on December 31, 2011; current ratio is 3.8:1, and on December 31, 2011, the company'sFlow rate is 4.5:1. As of March 31, 2012, the company's operating cash flow of US $ 400
Diablo 3 gold,000; total shareholders ' equity of $ 41.6 million, down from $ 41.7 million on December 31, 2011. (Huo Shan)
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The company management Diablo III Goldfees of us $ 1.2 million in the first quarter of this year, compared to the previous fiscal year rose by US $ 400,000. In addition, the company's Cheap Guild Wars 2 Goldresearch and development expenses for the first quarter
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