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Sina Posts Profit

By Rafat Ali - Thu 24 Apr 2003 01:04 PM PST

Following yesterday’s news that Chinese portal Sohu.com (Nasdaq: SOHU) posted strong profits, rival Sina.com (Nasdaq: SINA) also posted a profit of $3.4 million, with revenues of $18.1 million, a 155 percent increase over the year-ago quarter. Non-advertising revenues--majority of which were driven by SMS revenues--for the quarter grew to $10.8 million and accounted for 60 percent of the total revenues.

Posted in: Companies, Portals, Money, Earnings



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