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Sky-mobi Limited Q1 Earnings Retreat 68%

Sky-mobi Limited (MOBI) released a profit for first quarter that decreased compared to the same period last year.

The company said its bottom line dropped to RMB6.38 million, or RMB0.03 per share. This was lower than RMB19.98 million, or RMB0.09 per share, in last year's first quarter.

The company said revenue for the quarter fell 64.1% to RMB83.65 million. This was down from RMB233.01 million last year.

Sky-mobi Limited earnings at a glance:

-Earnings (Q1): RMB6.38 Mln. vs. RMB19.98 Mln. last year.
-Earnings Decline (Y-o-Y): -68.1%
-EPS (Q1): RMB0.03 vs. RMB0.09 last year.
-EPS Decline (Y-o-Y): -66.7%
-Revenue (Q1): RMB83.65 Mln vs. RMB233.01 Mln last year.
-Revenue Change (Y-o-Y): -64.1%

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