TOM ONLINE POSTED Q1 FINANCIAL RESULT
AsiaInfo Services, May, 2006
AsiaInfo Services 05-12-2006 TOM Online Posted Q1 Financial Result BEIJING, May 12, 2006 (SinoCast via COMTEX) -- On May 10, TOM Online published its performance of the first quarter of 2006. It made profits of USD 12.14 million, an increase of 32.5% year-on-year and the turnover during this period was USD 48.58 million, rising by 37.7%.
According to Wang Leilei, CEO of TOM Online, wireless Internet services and Internet advertisements are the main contributors to its income, and it will put more money in 3G service products. The financial report of TOM Online shows that the profits of wireless Internet service come to USD 45.49 million, rising by 36% year-on-year, by 2% quarter-on-quarter; the profits of Internet advertisement reached USD 2.7 million, an...
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