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Focus Media gains
By Cathy Ding |
November 24, 2010, Wednesday
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Print Edition
Print Edition
OUTDOOR digital advertising firm Focus Media Holding Ltd has reported its third-quarter profit gained 3.8 times from that for the second quarter of this year to US$113 million, which included a US$79 million income from its Internet division, Allyes.
This compared with a net loss of US$127.6 million in the year-earlier period.
The Shanghai-based company estimates profit at between US$52 million and US$53 million in the fourth quarter.
This compared with a net loss of US$127.6 million in the year-earlier period.
The Shanghai-based company estimates profit at between US$52 million and US$53 million in the fourth quarter.
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