Baidu.com Inc. (BIDU) has announced an increase in profit for the third quarter, showing improvement compared to the previous year. The company's net income reached RMB7.63 million, translating to RMB2.70 per share, surpassing last year's figures of RMB6.68 million, or RMB2.28 per share.
However, Baidu experienced a slight decline in quarterly revenue, which decreased by 2.6% to RMB33.56 million, down from RMB34.45 million in the same period last year.
Key financial highlights for Baidu.com Inc. (GAAP) for the third quarter are as follows:
- Profit: RMB7.63 million compared to RMB6.68 million last year.
- Earnings Per Share (EPS): RMB2.70 versus RMB2.28 last year.
- Revenue: RMB33.56 million compared to RMB34.45 million last year.
