Sungy Mobile Q4 Profit Up -Quick Facts

(RTTNews) - Sungy Mobile Limited (GOMO) Tuesday reported fourth-quarter profit of 30.8 million Chinese yuan or 0.76 yuan per share, up from 17.5 million yuan or $0.12 yuan per share in the same period last year. In U.S dollars, earnings amounted to $5.1 million or $0.12 per share.

Adjusted earnings for the quarter were 34.9 million yuan, or $5.8 million. On a per-share basis, adjusted earnings were 1.19 yuan or $0.20.

Revenues increased 63.5 percent to 98.9 million yuan, or $16.3 million, from 60.5 million yuan last year.

Looking ahead to the first quarter, the company has forecast revenues in a range of 92 million yuan to 95 million yuan.