Baidu first quarter income up 40%
Baidu (NASDAQ: BIDU) advertised on March 31 as of the unaudited fiscal report. Quote, Profile, Baidu first quarter of 2009 running wages was 810.7 million yuan, up 41.1 percent; running yield of about 198.5 million yuan, up 34.7%; returns per share 5.25 yuan.
At the same time, Baidu also is expected to ring the second quarter growth will reach more than 32% -36%.
All the greatest Internet financial gatherings in general in the fourth quarter of 2008 than a ring down. Data present that 14 following quarter of year-on-year increasing two-fold of Baidu, the first quarter of year-on-year expansion rate was notably worse than the past.
The first quarter, Baidu’s revenue from online marketing to 810.2 million yuan, an increase of 41.5%. The first quarter, Baidu has more than 185,000 customers for the provision of services in 2008 than the 14.9 percent increase over the same period, average income of 4400 yuan, compared with 22.2 percent growth.
However, since the third quarter of 2008 Baidu to pay customers in a clear “problem” of offering apex customers, as well as regular elements, and macro-economic slowdown, effecting in the first quarter of their midpoint expenditure flexible chain of bonds quarter plunged by 6%, respectively, and 4%. JI Wei Dong a examiner at Morgan Stanley incisive out that Baidu quarter running margin in the first quarter diminish of 10 percentage points to 26%, emotive its least stage in two years, due in part to examine and development charges and traffic acquisition costs.
Baidu explore for new yield expansion point. People in the development are two of the most agreeing one is the primary wares to redevelopment the system’s “phoenix nest” and the other is supported on the wireless web explore service.
Phoenix nest last week on-line checking, the merchandise was that Baidu will become the short-term income development and new impetus to the commerce gaze ahead to.
During the Boao Forum, Li substantiated that Baidu and China Telecom, China Unicom (6.61, -0.01, -0.15%) to consider support between the journal and said Baidu and China Mobile is negotiating support in the paddock of portable explore, and he explorations the market for wireless confident about the prospects.