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China's Suning Made Net Profit Of CNY2.881 Billion In 2009
March 4, 2010Chinese electronics retailer Suning has announced that its revenue in 2009 increased by 16.84% year-on-year to CNY58.3 billion, while its net profit increased by 32.79% year-on-year to CNY2.881 billion.
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Shrinking Net Profit For TCL Multimedia In China
April 27, 2009China's TCL Multimedia Technology Holdings Limited announced its unaudited consolidated results for the first quarter ended March 31, 2009, showing turnover decreased by 8.8%.
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Shanda's Games In China Prove Profitable
February 27, 2009Chinese online game firm Shanda Interactive Entertainment Limited has released its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2008, in which it shows upswings in revenue and net income.
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China's Datang Sued By Investors For Misleading Financial Report
January 23, 2009Datang Telecom Technology says it is being sued by two investors in China for misleading statements made in its financial report released in 2004.
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Tax Man Cometh: Beijing Launches Rules For Online Currency Transactions
November 13, 2008Beijing Local Taxation Bureau has published tax collection rules for virtual and online currency transactions, which state that according to whether the individuals can provide income proof or not, they should pay tax at 20% of their profits or 3% of the total value of the transactions.
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Olympics Push Sohu.com To Higher Internet Advertising Revenues
October 27, 2008Riding high on revenue generated from the recent Olympics in Beijing, Chinese website portal Sohu.com (SOHU) has reported financial results for the third quarter ended September 30, 2008 and says advertising revenues were USD51.1 million, up 62% year-on-year and 18% quarter-on-quarter.
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ZTE Made CNY258 Million Net Profit In Q3 2008
October 27, 2008China's leading telecom manufacturer ZTE Corporation has released its report for the third quarter of 2008, which says its net profit increased by 80.65% year-on-year to CNY258 million.
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Baidu Reports Growing Chinese Search Engine Results
October 23, 2008Chinese search engine Baidu.com (BIDU) says its revenue, net income, and active online customers all increased as it reported its unaudited financial results for the third quarter ended September 30, 2008.
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China Comservice Sales Up 37.5% In H1 2008
September 10, 2008China Communications Services Corporation Limited has released its interim report, which says in the first six months of 2008, the company's revenue increased by 37.5% to CNY13.629 billion and its net profit increased by 11.3% to CNY567 million.
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Shanda Reports MMORPG Revenue Jump; Casual Games Decline In China
September 3, 2008Chinese online game company Shanda (SNDA) announced its unaudited financial results for the second quarter ended June 30, 2008 showing net revenues jumped 48.4% year-over-year and 7.4% quarter-over-quarter to a record high of CNY837.6 million.
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Suning Releases Interim Financial Report
September 2, 2008Chinese electronics retailer Suning has released its report for the first half in 2008, which says the company achieved total revenue of CNY25.9 billion in the first six months and its net profits increased by 70.36% to CNY1.1 billion.
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Earthquake Impact: Changhong Reports 90.61% Net Profit Decline In H1 2008
September 2, 2008Sichuan Changhong has released its financial report for the first half of 2008, which says because of the May 12 earthquake in Sichuan Province, the company's net profit decreased by 90.61% compared with the same period of 2007.
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Linktone Reports Weak Wireless Revenue, Widening Operating Loss In China
August 29, 2008Chinese wireless value-added services company Linktone (LTON) is fighting the tide of sinking wireless fortune as its unaudited financial results for the second quarter ended June 30, 2008 show it only recorded revenues of USD19.1 million, compared with USD20.5 million in the first quarter of 2008, and an operating loss was 58% of net revenues, [...]
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Dazhong Posts Net Profit Increase In H1 2008
August 28, 2008Chinese retailer Dazhong Electronics released a report on its appliances sales during the 2008 Olympic Games and Mao Xiaojun, general manager of Dazhong, said that the company's net profits doubled in the first six months of 2008.
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eLong Posts Expanding Net Loss, Expects No Growth In Third Quarter
August 27, 2008Chinese Internet travel provider eLong.com (LONG) has just reported its unaudited financial results for the second quarter ended June 30, 2008 and says while total gross revenues slightly increased, its operating loss and net loss both expanded.
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