Baidu first quarter income up 40%
May 20th, 2009 by Professional editor working for Vivitar digital camera.
Baidu (NASDAQ: BIDU) advertised on March 31 as of the unaudited fiscal report. Quote, Profile, Baidu first quarter of 2009 running wages was 810.7 million yuan, up 41.1 percent; running yield of about 198.5 million yuan, up 34.7%; returns per share 5.25 yuan.
At the same time, Baidu also is expected to ring the second quarter growth will reach more than 32% -36%.
All the greatest Internet financial gatherings in general in the fourth quarter of 2008 than a ring down. Data present that 14 following quarter of year-on-year increasing two-fold of Baidu, the first quarter of year-on-year expansion rate was notably worse than the past.
The first quarter, Baidu’s profits from online selling to 810.2 million yuan, an advance of 41.5%. The first quarter, Baidu has more than 185,000 customers for the provision of services in 2008 than the 14.9 out of 100 advance over the matching interval, midpoint wages of 4400 yuan, weighed against with 22.2 out of 100 growth.
However, since the third quarter of 2008 Baidu to pay customers in a clear “problem” of tendering peak customers, as well as cyclic components, and macro-economic slowdown, producing in the first quarter of their mean expenditure string of connections quarter dropped by 6%, respectively, and 4%. JI Wei Dong a investigator at Morgan Stanley sharp out that Baidu quarter functioning margin in the first quarter decline of 10 percentage points to 26%, moving its smallest grade in two years, due in part to study and development charges and traffic acquisition costs.
Baidu explore for new yield expansion point. People in the development are two of the most agreeing one is the primary wares to redevelopment the system’s “phoenix nest” and the other is supported on the wireless web explore service.
Phoenix nest last week on-line checking, the merchandise was that Baidu will become the short-term income development and new impetus to the commerce gaze ahead to.
During the Boao Forum, Li substantiated that Baidu and China Telecom, China Unicom (6.61, -0.01, -0.15%) to consider support between the journal and said Baidu and China Mobile is negotiating support in the paddock of portable explore, and he explorations the market for wireless confident about the prospects.
