Real estate service provider E-House China Holdings Ltd. generated revenues of 121 million U.S. dollars last year, an annual increase of 116 percent.
The Shanghai-based company, listed on the New York Stock Exchange, announced here on Friday that it made 41.7 million U.S. dollars in net profit, up 130 percent year-on-year.
Its diluted earnings per American depositary receipt (ADR) were56 U.S. cents for the full year 2007, higher than the 0.49 U.S. cents estimated by Wall Street analysts.
E-House estimated its revenues for the first quarter of 2008 would be as high as 32 million U.S. dollars, which would be an increase of 100 percent from the same period in 2007.
It also predicted that revenues would reach 240 million U.S. dollars this year, up 98 percent from 2007.
Source: Xinhua
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