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TMCNet:  Kongzhong Corp. to release 2012 Q4 financial results on Feb.22

[January 28, 2013]

Kongzhong Corp. to release 2012 Q4 financial results on Feb.22

BEIJING, Jan 28, 2013 (Xinhua via COMTEX) -- Kongzhong Corp. (KONG.NASDAQ) announce d on late Monday that it would post its financial statistics for quart er four of 2012 on February 22.

Previously in last year, the Chinese digital entertainment servi ce provider expected in its quarter three financial report that GAAP-b ased net profit during October and December 2012 might be 3-4 million US dollars.

It also forecasted that net revenue in last quarter might reach 43- 44 million US dollars, including 16.5 million US dollar earnings from wireless value-added service, five million US dollars from cell phone games and 22 million US dollars from online games.

In the third quarter of 2012, it profited merely 6.22 million US dollars, which was better than the 17.26 million US dollar net losses in quarter three of 2011 but fell 21.2 percent from quarter two of 20 12. (Edited by Duan Jing,

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