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China Real Estate Information Q3 Profit Rises; Guides Q4 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

China Real Estate Information Corp. (CRIC) announced that its third-quarter net income attributable to CRIC shareholders was $12.2 million or $0.16 per ADS, up from $9.6 million, or $0.13 per ADS, for the same quarter in 2008.

Net income attributable to CRIC shareholders excluding expenses relating to share-based compensation and amortization of intangible assets resulting from business acquisitions was $13.3 million or $0.18 per ADS, up from $9.9 million, or $0.14 per ADS for the same quarter in 2008.

Total revenues were $23.1 million, an increase of 35% from $17.1 million for the same quarter in 2008.

The Company estimates that its revenues for the fourth quarter of 2009 will be in the range of $37 million to $39 million.

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