Focus Media IT's Q3 Profit Rises 7%

MT Newswires Live10-30

Focus Media Information Technology's (SHE:002027) net profit attributable to shareholders in the third quarter rose 6.9% year on year to 1.58 billion yuan, or 0.1091 yuan per share, according to a Shenzhen bourse disclosure on Thursday.

Operating revenue climbed 6.1% from a year earlier to 3.49 billion yuan.

The Chinese advertising company's shares rose over 2% at the close.

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