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Strategies & Market Trends : Aardvark Adventures

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Dec 18 3:59 PM EST

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To: ACAN who wrote (5503)	8/20/2008 1:36:16 AM
From: ~digs	of 7944

XFML - Monday August 18, 4:13 pm ET Chinese advertising and media firm Xinhua Financial Media reported Q2 revenue of $48.9 million, up 69 percent over $29 million in the year-ago quarter. Adjusted net income grew to $7.6 million ($.10 per share) from $6.3 million ($.09 per share). The advertising group was up a strong 79 percent to $16.7 million. Print and online, which are grouped together, more than doubled to $12 million. Broadcast revenue nearly doubled to $14 million from $7.2 million a year ago. biz.yahoo.com

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