Strong result
By Wang Yanlin |
August 22, 2012, Wednesday
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Print Edition
Print Edition
SHANGHAI-LISTED People.com.cn yesterday posted a net profit of 64.9 million yuan (US$10.3 million) in the first six months, up 101 percent annually. The result compared with an average profit increase of 6.75 percent among over 1,000 firms on the Shanghai Stock Exchange or Shenzhen Stock Exchange which have unveiled their first-half reports. The company, which made its initial public offering nearly four months ago, said revenue in the first half soared 38.1 percent annually to 292 million yuan.
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