Easy to occupy China two quarter net profit 13.4 million USD

Absrtact: China August 20 released its unaudited earnings for the second quarter ending June 30, 2014. Earnings showed that China's second-quarter total revenue of 210.1 million U.S. dollars, an increase of 29%;

Easy to live China August 20 released the company as of June 30, 2014, the second quarter of unaudited results. Earnings showed that China's second-quarter total revenue was 210.1 million U.S. dollars, an increase of 29%, the net profit of the ownership of the Chinese shareholders is 13.4 million U.S. dollars, an increase of 110%.

2014 Second quarter results summary:

Revenue：

The total revenue was $210.1 million trillion, up 29% from 163.4 million dollars a year earlier. The year-on-year increase in total revenue was attributable to the growth in real estate online service revenues.

Real Estate Online services revenue of 117.3 million U.S. dollars, a year earlier the same period of 71.9 million U.S. dollar growth of 63%, this growth is mainly due to e-commerce and online advertising services revenue growth, e-commerce services revenue of 68.3 million U.S. dollars, compared with the same period last year, 26.4 million U.S. dollars rose 159% , online advertising services revenue of 44.8 million U.S. dollars, compared with the same period last year, 40.5 million U.S. dollars grew 11%, this growth is mainly due to the company's new home and home channel revenue growth, classified information services revenue of 4.2 million U.S. dollars, compared with the same period last year, a decline in 5 million dollars.

Real estate Brokerage services revenue of 65.5 million U.S. dollars, the same period of 65.6 million dollars a year ago, real estate intermediary services revenue of 63.3 million U.S. dollars, a year earlier the 62.6 million dollar increase of 1%, second-hand housing brokerage services revenue of 2.2 million U.S. dollars, the same period last year, 3 million U.S. dollars, Year-on-year decline is mainly due to the company will be second-hand housing sales focus on the line from the offline to trigger the number of entities intermediary shop reduced;

Real-estate information and consultancy services have revenue of $17.9 million trillion, up 9% from $16.4 million a year earlier, largely due to increased revenue from services such as information and consultancy. Other services revenue is 9.4 million U.S. dollars, the same period last year, 9.6 million U.S. dollars, other services include offline real estate advertising services, promotional activities and real estate funds management services.

Costs and expenses:

The revenue cost is $72.7 million trillion, up 4% from 69.7 million US dollars in the same period last year, mainly due to an increase in staff costs for the main real estate intermediary services, but this increase was offset by a fall in the cost of third parties, and the loss of amortization of intangible assets, while the company and Baidu Exclusive rights agreement was extended to March 2015 and the agreement did not add to the cost. In addition, Le Habitat was originally signed in August 2009 with Sina Advertising agency agreement extended to March 2024, but the related costs did not increase.

Sales, General services and administration spending amounted to $126.3 million trillion, up 43% from $88.5 million a year earlier, mainly due to increased marketing and promotional spending and the associated costs of real estate online service workers.

Profit：

Operating profit of 15 million U.S. dollars, compared with the same period last year, 6.3 million U.S. dollars grew 136%, not according to the U.S. General accounting standards for operating profit of 23.7 million U.S. dollars, compared with the same period last year, 16.8 million U.S. dollars rose 41%.

Net profit was $16.4 million, up 144% from 6.7 million trillion dollars in the same period last year; The net profit, not measured by US GAAP, was 24.7 million trillion, up 15.8 million from the same period last year.

The net profit for China's shareholders is $13.4 million trillion, up 110% from 6.4 million a year earlier. , a share of U.S. depository shares diluted profits from the same period last year to increase from 0.05 U.S. dollars to 0.09 U.S. dollars, not in accordance with the United States General accounting standards for the Chinese shareholders of the net profit of 20.6 million U.S. dollars, compared with the same period last year, 15.3 million U.S. dollar increase of 34%, A share of U.S. depository shares, which is not measured by US GAAP, has increased from $0.11 trillion to $0.14 a year earlier.