Sina Technology News , April 24 morning news , TV Plus (microblogging) network today released the first quarter ended March 31 , 2012 unaudited financial report . Results,wow gold, music Watch the first quarter revenue of 276 million yuan , up 81.23 percent over the same period last year , net profit of 51.19 million yuan , an increase of 76.12% over the same period last year .
Music Watch the first quarter revenues increased by 163.30% over the same period last year mainly due to the rapid development is the main business of the video platform for the advertising business during the reporting period ; operating costs than the same period last year 302.49 %, mainly with the expansion of business scale , the company manpower expenses, amortization of intangible assets ,Man suffering from liver cirrhosis wife and mother liver donors, spending a substantial increase .
business tax and surcharges over the same period last year an increase of 123.85% , mainly due to the substantial growth of the income scale ; cost of sales increase of 37.40% over the same period last year , mainly due to the force of the company in order to enhance brand awareness and strengthen market impact carried out during the reporting period due to a number of brand marketing and promotional activities .
administrative expenses increased by 190.05% over the same period last year mainly due to the expansion of the Company , increase in personnel and office space ; finance charges over the same period last year , an increase of 1006.17% , mainly due to the company during the reporting period , the financing enhance its ability to obtain bank loans due to the increase .
total profit growth of 81.23 percent over the same period last year mainly due to company revenues from an increase of 110.47% ; income tax expense compared to the same period last year , mainly due to the expansion of scale of operation lead to the growth of total profit ; net profit compared with last year an increase of 75.57% over the same period ,wow gold, mainly due to the company’s revenue increased dramatically , profit margins remain stable .
during the reporting period , the total bandwidth of the music Watch and the CDN input costs amounted to 34.7736 million yuan ,wow gold, the use of company bandwidth of 1.1T . (Lin Lin ) share : > Related reports : Music Watch issued to clarify the announcement responding to the media questioned the Music Watch the response to media question: Two years ago, has the Commission answers to the nominal value of the music Watch intends to non- public offering does not exceed 400 million bond microblogging Recommended | SAN official microblogging >> More