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Wan LixinOpinion deputy editor of Shanghai Daily
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Profitable Cheetah
Source: Shanghai Daily |
November 23, 2016, Wednesday
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Print Edition
Print Edition
CHEETAH Mobile Inc, a New York-listed mobile security firm, said yesterday that it returned to profit in the third quarter as its mobile and overseas income boomed. Beijing-based Cheetah posted a net profit of 72.4 million yuan (US$10.6 million) in the third quarter, reversing from a loss of 61.9 million yuan. Its revenue rose 9.7 percent from a year ago to 1.13 billion yuan in the same period.
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