• 59
  • 2
  • Favorite

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment2

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

      educate yourself.. alibaba backing lol joke

      2023-03-08
      Reply
      Report
    • Dawang
      Is still good news, better than register loss tioboh? 😂
      2023-03-07
      Reply
      Report
    • DTeong
      I think it is backed by Tencent. Lazada is backed by Alibaba. LOL
      2023-03-07
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial