SouFun first quarter net profit of 5.7 million U.S. dollars rose 142%

Beijing Time May 11 Evening News, SouFun (Nyse:sfun) today released the first quarter of fiscal year 2011 unaudited earnings.　　The report showed that SouFun's first-quarter revenue was $40.8 million, up 54.2% from a year earlier, with a net profit of $5.7 million for SouFun shareholders, up 142.1% per cent from a year earlier. Main results:-SouFun's first-quarter revenue was 40.8 million U.S. dollars, up 54.2% from a year earlier. Excluding the impact of the prepaid card business, SouFun's first-quarter revenue rose 68.7% from a year earlier: SouFun's first-quarter operating profit was $5.9 million, up 100.3% from a year earlier. SouFun's first-quarter operating profit, not according to U.S. general accounting standards, rose 69.8% from a year earlier--the net profit attributable to shareholders in the first quarter of SouFun was 5.7 million U.S. dollars, up 142.1% from a year earlier.　　SouFun's net profit for the first quarter was $7.7 million, up 89.7% from the same period last year, according to U.S. General accounting standards.　　Performance expectations: SouFun estimates that the total revenue from the 2011 fiscal year, excluding the impact of prepaid card business, was $280 million to 290 million U.S. dollars, up 32.3% to 37.1% from the 2010 fiscal year.　　Conference Call: SouFun Management team will hold a conference call on the eastern time of May 11, 2011 8 O'Clock (Beijing time May 11 night 8 o'clock). The conference call access number: The United States: 1 866 277 1182 International: 1 617 597 5359 China Hong Kong: 800 96 3844 China: 10 800 130 0399/10 800 152 Password: sfun please call　　10 minutes before the start of the access and provide a password to participate in the conference call. SouFun website Http://ir.soufun.com will also broadcast the earnings call and provide recordings. (Tangfeng)