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Sina revenue almost flat, net profit halves in Q3

Monday 18 November 2019 | 14:24 CET | News
Chinese internet portal Sina reported net revenues of USD 561.4 million for the third quarter of 2019, which represents an increase of 1 percent compared to USD 557.2 million in the year-earlier period. Net income for the third quarter of 2019 amounted to USD 20.4 million, down to USD 45.4 million for the same period last year. Diluted net income per share for the third quarter of 2019 was USD 0.28, compared to USD $0.62 for the quarter ended 30 September 2018.

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Categories: Internet
Companies: Sina / Weibo
Countries: China
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