Earnings: Tom Online’s Mobile Revenues Up 36 Percent

Tom Online, one of the big four Chinese online/mobile media companies, has posted net income of $12.14 million, up 32.5 percent over a year ago, largely reflecting strong growth in wireless Internet revenues. This makes it the only company amoung the four (Sina, Sohu, Netease and Tom) to actually have a healthy mobile revenues side. Q1 revenuee rose to $48.58 million, up 37.7 percent over a year ago.
Wireless Internet revenues were $45.49 million in the first quarter, up 36 percent over last year. Online advertising revenues were $2.7 million, up 70.5 percent over a year ago though down 15.5 percent from Q4 of last year. The company said SMS revenues for Q1 were $17.44 million, up 38.5 percent from a year ago but down two percent from Q1 of last year.
MMS revenues for 1Q06 were $ 4.09 million down 7.0% QoQ, but up 113.3% YoY. WAP revenues for 1Q06 were $ 7.83 million, down 2.9% QoQ but up 5.0% YoY. CRBT (“Colour Ringback Tones”) revenues in were $ 2.46 million, up 6.8% QoQ, but down 8.1% YoY.
Lot more mobile details in the release, here.

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