CNinsure Predicts 3Q Revenue Will Rise 35 Percent
Stock quotes in this article:
CISG
SAN FRANCISCO (AP) — Chinese insurance agency and brokerage CNinsure Inc. predicted Wednesday that its third-quarter revenue will climb 35 percent year-over-year.
Based on revenue of $31.1 million in the 2008 period, this implies an expectation for $42 million in revenue in the same period this year. CNinsure also said Wednesday that its second-quarter profit jumped nearly 40 percent to $12.4 million, or 27 cents per American Depositary Share, as revenue climbed 33 percent to $41.8 million.- Loading Comments...
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