Sea Surged Over 12% in Morning Trading After Posting Its First Profit

Tiger Newspress2023-03-07

Sea Ltd's Q4 total GAAP revenue was US$3.5 billion, up 7.1% year-on-year; total gross profit was US$1.7 billion, up 29.5% year-on-year, total net income turned positive to US$422.8 million, as compared to US$(616.3) million for the fourth quarter of 2021.

Stocks surged over 12% in morning trading after posting its first profit.

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Comments

  • SmallYang
    2023-03-08
    SmallYang
    Nice 👍🏻
  • AcidIce
    2023-03-07
    AcidIce
    Suck company is SUCK. ONLY because Alibaba backing it if not collapsed liaos.
    • jchew3

      educate yourself.. alibaba backing lol joke

    • Dawang
      Is still good news, better than register loss tioboh? 😂
    • DTeong
      I think it is backed by Tencent. Lazada is backed by Alibaba. LOL
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