NEW YORK (TheStreet) --Jumei International Holding Ltd (JMEI) reported a 68.2% increase in net income for the 2014 second quarter to $17.8 million, or 16 cents per diluted share, compared to $10.6 million, or 13 cents per diluted share for the same quarter in 2013.
The China-based online retailer of beauty products said GAAP net income grew by 53.6% to $15.4 million, or 13 cents per diluted share, from $10 million, or 12 cents per diluted share for the 2013 second quarter.
Jumei International's total net revenue rose 41.9% to $154.4 million for the most recent quarter versus $108.8 million for the year ago period.
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