58 in the second quarter of the city net profit of 11.2 million U.S. dollars, an increase of 125.6%

Summary: Beijing time August 21 Morning News, 58 with the city today released as of June 30, 2014, the second quarter of fiscal year 2014 audited earnings. Earnings showed that the company's total revenue in the quarter of 64.6 million U.S. dollars, an increase of 83.9%; net profit of 11.2 million U.S. dollars, year-on-year growth

Beijing time August 21 Morning News, 58 with the city today released as of June 30, 2014, the second quarter of the fiscal year 2014 audited earnings. Earnings showed that the company's total revenue in the quarter was 64.6 million U.S. dollars, an increase of 83.9% per cent, net profit of 11.2 million U.S. dollars, an increase of 125.6%.

According to Yahoo's financial data, 4 of Wall Street analysts averaged 58 per share of the same city in the second quarter, according to U.S. General Accounting Standards (GAAP). Earnings showed that 58 per share of the city in the second quarter diluted net income of 0.13 U.S. dollars, more than analysts expected.

In addition, 4 Wall Street analysts on average expect 58 of the city's second-quarter total revenue of 62.65 million U.S. dollars. Earnings showed that 58 of the same city in the second quarter of the total revenue of 6460 U.S. dollars, higher than analysts expected.

Second quarter performance Highlights:

--total revenue of 64.6 million U.S. dollars, up 83.9% year-on-year, higher than 61 million to 63 million dollars in corporate guidance forecasts.

-Gross profit margin of 94.7%, higher than the same period last year 93.9%.

Net profit of 11.2 million U.S. dollars, an increase of 125.6%.

– The basic and diluted earnings of ads per share for ordinary shareholders (US depository shares) were 0.14 and 0.13 dollars respectively, and the basic and diluted earnings of ads for each share that belonged to ordinary shareholders in the same period last year were 0.03 US dollars. 1 shares of ADS represent 2 shares of Class A common stock.

--NON-GAAP (non-US general accounting standards) net profit of 12.4 million U.S. dollars, the same period last year, 5.5 million U.S. dollars.

Non-gaap, which belongs to ordinary shareholders, has a basic and diluted earnings of $0.15 per share, and the basic and diluted earnings of ads per share that belonged to ordinary shareholders in the same period last year were $0.06.