Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Credit
Company

Sohu.com Q1 revenue up 6 pct y-o-y to USD 436 mln

May 19, 2020


Abstract : Chinese internet company Sohu.com Limited (SOHU.NASDAQ) generated 436 million U.S. dollars of revenue in the first quarter of this year, up six percent year on year, according to the unaudited financial report released by the company on Monday.

BEIJING, May 19 (Xinhua) -- Chinese internet company Sohu.com Limited (SOHU.NASDAQ) generated 436 million U.S. dollars of revenue in the first quarter of this year, up six percent year on year, according to the unaudited financial report released by the company on Monday.

According to the financial report, the company's net loss narrowed to 18 million U.S. dollars from 52 million U.S. dollars in the same quarter last year.

The company's online game revenue surged 35 percent to 133 million U.S. dollars in the first quarter of this year, while its brand advertising revenue amounted to 26 million U.S. dollars during the period, down 40 percent year on year.

The company expected its total revenue to range between 410 million U.S. dollars and 445 million U.S. dollars in the second quarter of this year .

(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Sohu.com

Reading:

Shanghai to accelerate construction of characteristic industrial parks

Baltic Exchange adds GOPEX assessments for gas carriers,weekly shipping market report released

China's steel market recovering on improving domestic demand

China beefs up efforts to expand new type of consumption

China's major airline sees traffic rebound in April

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial