News this week: Last week, Shenzhen-listed online sourcing platform, Zhejiang Netsun released its financial results for 2010. The company reported revenues of US$26 million, up 29% compared with 2009. Management of the Hangzhou-based e-commerce company attributed the growth to the performance of its vertical industry websites and increased income from its chemical trading services - up an impressive 249% reaching US$5.2 million in 2010.
The net profit attributable to shareholders in 2010 was US$7.8 million, up 25% over the 2009 figure. This increase was largely due to cost controls as well as the growth of investment income. Earnings per share in 2010 were RMB 0.38.
No comments:
Post a Comment