Chinese real estate information website Soufun.com published its financial report for the fourth quarter of 2013 financial year, stating that the company's operating revenue was $217.2 million, a year-on-year increase of 47.2 percent; and its net profit was $112.1 million, a year-on-year increase of 101 percent.
Meanwhile, based on U.S. GAAP, the company's net profit was $126 million, a year-on-year increase of 93.5 percent.
Soufun.com's operating revenue was mainly derived from Internet marketing services, e-commerce services, real estate information publishing, and other value-added services. For details, the company's revenue from Internet marketing services was $97.1 million, an increase of 21 percent from $80.2 of same period last year; its revenue from e-commerce services was $67.1 million, an increase of 67.2 percent from $40.1 million; and its revenue from real estate information publishing was $50 million, an increase of 91.5 percent from $26.1 million.
The company also revealed that by December 31, 2013, Soufun.com had $591.1 million cash, cash equivalents, and short-term investments.
The company predicted that in 2014 financial year, its total operating revenue is expected to reach between $780 million and $796 million, marking a year-on-year increase of 22.5 percent to 25 percent.