ChinaCache International Holdings Ltd. (CCIH: Quote) reported first quarter net income of 2.5 million renminbis, down from 3.2 million renminbis in the year-ago first quarter. Earnings per share remained flat with last year's 0.01 renminbi.
Earnings per American Depositary Share, or ADS, was 0.11 renminbis, compared to 0.13 renminbis per ADS.
Excluding items, adjusted net income for the latest quarter was 8.6 million renminbis or 0.37 renminbis per ADS, compared to the adjusted net income of 10.9 million renminbis or 0.43 renminbis per ADS in the comparable quarter last year.
Net revenues for the quarter rose 36.4 percent to 182.0 million renminbis from 133.5 million renminbis last year.
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by RTT Staff Writer
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