Baidu continues to receive excess

Baidu reported an increase in profits

In brief: China: Baidu reported on more than the two-fold increase in profits.

Operator of the most popular Chinese search engine on the Internet Baidu, accounted for more than the two-fold increase in net profit for the second quarter to 837.4 million yuan ($ 123.6 million) or 2.4 yuan per share.

Analysts on average were expected for profit at 710.4 million yuan. Companies could demonstrate such impressive results due to the transition of clients from the main competitor of Google, the victim because of the trials.

Ukrainian Globalist
2010-07-22 09:36, Economics.

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