New ETF Book by Larry Connors - Click here to read more
In the quarter ended June 30, 2008, the company incurred a net loss of 20.3 million yuan, increasing by 18.4 million yuan over the same period of 2007.
Its operating loss went up 5.7 million yuan over the same period of previous year to 7.9 million yuan, mainly due to greater expenses on service development, as well as sales and marketing.
The gross revenue increased by 10 percent year on year to 86 million yuan, and net revenue, by nine percent to 80.8 million yuan.
It projects its Q3 net revenue to range from 75 million yuan to 83 million yuan.
According to the company's press release, it bought back 801, 322 ADS valued at 6.4 million US dollars by August 25.
On Tuesday, the company's share price went up 0.02 dollar, or 0.28 percent, to close at 7.13 dollars.
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