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Earnings per America depositary share (ADS) stood at CNY 1.72 or USD 0.25, in contrast to CNY 1.30 in the comparable period of 2007. Net revenues amounted to CNY 375 million or USD 55 million, climbing 30% from a year ago. Total revenues hit CNY 402 million or USD 59 million, rising 30% from the prior April-June period and 10% from the previous quarter.
The better-than-expected results are attributed to the polished performance of its hotel and airline ticket reservation operations in the period, according to Ctrip.com.
On August 13, the Nasdaq-listed company slipped USD 2.59 or 5.66%, to close at USD 43.2 apiece in the regular session, and rose USD 1.4 or 3.24%, to USD 44.6 per share in the after-hour trading.
From www.enet.com.cn, Page 1, Thursday, August 14, 2008 info@SinoCast.Com
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