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Sina raises FY outlook as Q2 sales grow 14%

2016-08-09 09:19:00| Telecompaper Headlines

(Telecompaper) Chinese internet portal Sina saw its second-quarter revenues reached USD 244 million, which represents an increase of 14 percent year-on-year. Second-quarter net income reached USD 43.3 million, compared to USD 11.7 million for the same period last year.

Tags: sales grow sina outlook

 

China's Sina Corp in surprise loss

2013-08-13 04:39:51| BBC News | Business | UK Edition

Sina Corp, which runs China's biggest micro-blogging site, posts a surprise loss in the second quarter as it looks to increase its mobile offering.

Tags: loss corp surprise sina

 
 

Sina posts Q2 net loss while revenues grow 20%

2013-08-13 03:28:00| Telecompaper Headlines

(Telecompaper) Chinese internet company Sina grew net revenues 20 percent in the second quarter to USD 157.5 million from USD 131.6 million in the year-ago quarter. Advertising revenues were USD 120.6 million, up 17 percent year-on-year, and non-advertising revenues grew 30 percent to USD 36.9 million. Sina posted a net loss of USD 11.5 million, as the period included a one-off charge of USD 27.1 million in connection with the investment from Alibaba in Weibo. In Q2 2012, Sina posted a net income of USD 33.2 million. In April this year, Alibaba acquired an 18 percent stake in Sina's microblogging service Weibo for USD 586 million.

Tags: net posts loss grow

 

Sina swings to Q2 loss on charge, masking revenue jump

2013-08-13 02:00:00| Total Telecom industry news

Chinese Internet firm's shares rise as its core numbers beat expectations.

Tags: jump loss charge revenue

 

China's Sina Corp sees loss narrow

2013-05-17 07:14:23| BBC News | Business | UK Edition

Sina, which runs China's biggest micro-blogging site, sees losses narrow in the first three months of the year as revenue rises.

Tags: loss narrow corp sina

 

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