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Xinhua Finance Ltd Jan-Sept net income at 85.9 mln usd


Published :
Thu, 15 Nov 2007 11:13
By : Agencies
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BEIJING (XFN-ASIA) - Xinhua Finance Limited (TSE Mothers: 9399, OTC:XHFNY) said net income for the first nine months ending Sept 30 rose to 85.9 mln usd from 15.8 mln usd the year before on rising demand for its financial news products and additional advertising revenues.

Total revenue for the period grew 44 pct to 180.7 mln usd from 15.8 mln usd the year before.

Fully diluted earnings per share was 84.97 usd, up from 18.11 usd the year before.

No other financial details were released.

Xinhua Finance Ltd, based in Shanghai and listed in Tokyo, operates the Xinhua Finance newswire.

bjburo@xfn.com

xfnfn/xfnkm

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.




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