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Tag Archives: Zhejiang Netsun

Netsun’s Q3 2013 Revenues Up 20%

Zhejiang Netsun, reported revenues of US$6.7 million, up 20% over the same quarter last year.  Profit attributable to company shareholders for the quarter was US$1.4 million, down 4.8% year-on-year as a result of increased operating expenses. The Hangzhou-based online sourcing platform also released its results for the nine months ended 30th September. Revenues in the period were US$27 million, a ... Read More »

Netsun Revenues and Profits Up in First Half of 2012

Zhejiang Netsun, a Shenzhen-listed online sourcing platform, announced its results for the first half of 2012. For the six months ended 30th June, revenues were US$13 million, an increase of 8.1% over the first half of 2011. Net profit was US$3.4 million, a year-on-year growth of 7.0%. Earnings per share in the period were RMB 0.13 (US$0.0205). In terms of ... Read More »

Zhejiang Netsun Revenue and Profit Drop

Are China’s e-commerce businesses running out of ‘steam’?  After Alibaba’s reporting declining growth in its paying customer base, Zhejiang Netsun reports a drop in revenues. Shenzhen-listed online sourcing platform, Zhejiang Netsun released its financial results for 2011. The company reported revenues of US$23 million, down 17% from 2010. Net profit attributable to shareholders in the year was US$5.1 million, a ... Read More »