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Sohu.com Q4 net losses at 69 mln USD

February 24, 2017


Abstract : Sohu.com, a China-based online media, search, gaming community and mobile service group, incurred net losses of 69 million U.S. dollars in the fourth quarter of last year, compared with net profits of 49 million U.S. dollars in the same period of 2015, ac

BEIJING, Feb. 24 (Xinhua) -- Sohu.com, a China-based online media, search, gaming community and mobile service group, incurred net losses of 69 million U.S. dollars in the fourth quarter of last year, compared with net profits of 49 million U.S. dollars in the same period of 2015, according to the company’s financial results released on Feb. 21.

The company’s total revenues in the fourth quarter of 2016 slid 21 percent year on year to 411 million U.S. dollars.

The company said its diluted earnings per ADS for the quarter stood at 1.79 U.S. dollars.  Enditem (Edited by Yang Yifan, yangyifan@xinhua.org)

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