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Sohu.com Q3 net profit up 316% YoY

[Date: 2008-10-28] Origin: Forbes - Thomson Financial News  [Font: Large Medium Small]
 
Sohu.com, China's leading internet portal, said third quarter net profit was 40.3 million USD, up 316% YoY on robust growth in advertising revenue. Sohu said in a statement that revenue was 120.7 million USD, up 134% YoY and 18 QoQ. Advertising revenue totaled 51.1 million USD, up 18% over the second quarter and 62% over the third quarter of 2007. Non-advertising revenue, derived mainly from online games and wireless value-added services, totaled 69.5 million USD. The company did not give comparative figures.
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