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Focus Media Posts Strong Quarterly Results For Its Chinese Advertising Business

Aggregated Source: ChinaTechNews.com
August 18, 2008|

China's Focus Media (FMCN) posted its unaudited financial results for the second quarter ended June 30, 2008 and said total revenues grew 106.8% year-over-year and 31.1% quarter-over-quarter to USD211.7 million. "We saw strong revenue and earnings growth in the second quarter of 2008. As a result of our focus on core businesses, our operating cash flow [...]

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