Monday, July 26, 2010

Ninetowns submitted to the U.S. SEC Annual Report FY08 net profit down 72% correction



July 15, according to foreign media reports, the ninth city in the 15th to the U.S. Securities and Exchange Commission Form 20-F form filed its 2008 annual financial statements, the financial statements of the cut-off time is December 31, 2008.

In this April 16, Ninetowns has informed the company announced that Blizzard Entertainment's "World of Warcraft" game after the expiration of the agency, Blizzard Entertainment will give the game another agency operating online games in China business. Failure with Blizzard Entertainment on the "World of Warcraft" agency contract, together with other series and several other events related to license the game and a game in which lower than expected operating results, Ninetowns has revised February 24, 2009 Form 6-K submitted to the 2008 annual financial statements and financial statements in the fourth quarter data.

Ninetowns ended 2008 results included impairment and certain other costs, this impact, Ninetowns its in the February 24 Form 6-K submitted to the figures and financial information was amended, in order to 20 - F filed with the latest annual report, the NINETOWNS net profit, basic earnings per share, diluted earnings per share than its Feb. 24 Form 6-K submitted to the data down by 72%.

Released under Ninetowns Form 6-K and Form 20-F ,6-K comparison table view table to display Ninetowns net income of 51,058,589 dollars in 2008, diluted earnings per share were 1.84 U.S. dollars. The Form 20-F showed Ninetowns 2008 net income of 14,193,629 dollars, diluted earnings per share to 0.51 U.S. dollars.







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