April 22 News, Sohu Chairman and chief Executive Officer Charles Zhang said today, Sohu online gaming business in the first quarter of the performance is satisfied. He also revealed that Sohu gaming business has the highest number of online people to break 1 million for the first time.
Sohu Cruise (NASDAQ Stock Exchange Code: CYOU) today released its unaudited first-quarter results as at March 31, 2010. Earnings showed that the first quarter of 72.1 million U.S. dollars in revenue, the chain growth of 2%, the year-on-year growth of 17%, the first quarter net profit of 39.7 million U.S. dollars, the chain growth of 2%, year-on-year growth of 19%.
And the same period of Sohu (Nasdaq Securities Code: SOHU) in the first quarter of 2010 without audit results, Sohu's first quarter total revenue of 129.5 million U.S. dollars, an increase of 12%, the chain down 5%; The first quarter net profit of 41.3 million U.S. dollars, down 7%, the chain down 3%.
According to the results of the tour, the company's total number of games was the highest while online numbers (PCU) reached 1.04 million, the chain growth of 5%, an increase of 7%.
"We continue to implement strategies for collaborative development of portals and online games," Zhang said. Through the cooperation with leading media companies at home and abroad, we continue to obtain more exclusive authentic video content. These genuine video content and our homemade video content, to provide users with a broad choice of space to meet the rapidly expanding demand for Internet video users.
At the same time he praised Sohu gaming business: "Our online gaming business has also achieved satisfactory results." The highest number of online people at the same time breakthrough 1 million. At the same time we continue to increase the 2010 to be launched game products research and development efforts to further diversify our game products. ”