VIEW EVENT INFORMATION: Mail.Ru
Mail.Ru Issues Gangbusters Trading Figures, Plans More Social Games
FEB
24
Status: Available Now!
Type: News
Date: Friday 24 February 2012, 09:32 AM
Media: Techcrunch

SOURCE
About the organization Mail.Ru:
Type: Business
Sub-Types: Website, Webmail, Search Engine, Blogging, Microblogging, E-Commerce, Gaming, Online Gaming, Networking, Networking Software, Application Software, Telecommunication, Telecommunication Software, Messaging
Notable Organizations: Mail.Ru, Techcrunch
Mail.Ru has issued a preliminary trading statement for the fiscal year 2011. The largest Russian-language Internet company, is looking at a margin outlook of 50 percent this year according to CEO Dmitry Grishin, speaking on a conference call, and plans to reinvest the cash to improve its products. Net income in the second half of 2011 almost tripled year on year to $122.9 million. Shares were…
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