Sina losses narrow
Source: Shanghai Daily |
May 18, 2013, Saturday
|
Print Edition
Print Edition
SINA Corp has posted a narrower first-quarter loss due to rising revenue and lower marketing expenses though personnel costs remained high. Net loss was US$13.2 million in the first three months of this year, lower than the US$13.7 million a year earlier. Revenue grew 19 percent year on year to US$126 million with advertising contributing US$93.4 million.
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