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Article: CHINA DISTANCE EDUCATION Q3 NET REVENUE HIT USD8.3MN
- Article from:
- AsiaInfo Services
- Article date:
- August 18, 2009
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AsiaInfo Services
08-18-2009
China Distance Education Q3 Net Revenue Hit USD8.3mn
BEIJING, Aug 18, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Distance Education Holdings Ltd. (NYSE:DL) saw a total net revenue of USD 8.3 million in the third quarter ended June 30, 2009, with a 78.6% surge year on year compared with USD 4.6 million a year ago, the leading Chinese online education provider announced in its unaudited financial report on August 17, 2009.
Net income reached USD 90,000 in the quarter, compared with USD 500,000 a year ago; gross profit USD 3.8 million, soaring 44.6% year on year compared with USD 2.6 million a year earlier; gross margin 46.3%, compared with 57.2% a ...