Macaulay's third-quarter net revenue was $13.1 million, up 23.1%.

Source: Internet
Author: User
Keywords Stock price big plate Lin stock price
Tags .net closed net net revenue stock stock price stock trading u.s. stock

Absrtact: December 31 News, after the second time in one months to touch the 1-year low, health beauty products Sales website Macaulay shares this morning closed a strong rebound, rose 15.36%. Last night, the U.S. stock trading volume of about 40,000 shares, the highest 22.5% in the plate, the most

December 31 News, in one months after the second hit the 1-year low, health beauty products Sales website Macaulay shares this morning closed a strong rebound, rose 15.36%.

Last night, the U.S. stock trading volume of about 40,000 shares, the highest 22.5%, the final report closed at 3.53 U.S. dollars, the closing price of the previous trading day Rose 15.36%.

This is Macaulay's share price rebounded after a second bottoming in November. Mecoxlane fell to $3.06 in the previous trading day, hitting a low point again after the November 12 close of 3.05 dollars to a 1-year low.

In January this year, Cnshangquan reached a sale agreement with 5 shareholders, including Sina, and the company, under which Cnshangquan spent 3900 dollars to acquire 63.7% per cent of Macaulay.

Mecoxlane, in a December 22 announcement, said that after Cnshangquan Holdings, the new management team entered Macaulay and restructured, first stripping out clothing and accessories business assets at $6.1 million trillion, and then taking the joint venture for 2 million dollars giosis Mecox's shares were sold to oak investment.

In the third quarter of 2014, the company reported a net revenue of 13.1 million U.S. dollars, up 23.1% in the third quarter, with a net deficit of 200,000 dollars and a year-on-year decrease in losses, excluding clothing and accessories business, with a profit of 1.9 million dollars in the third quarter. Rose 105.4%.

As of September 30, 2014, Macaulay had a total of $8.2 million in cash and cash equivalents, at $1.9 million in the same period last year, and $14.3 million at December 31, 2013.

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