Jiayuan Announces First Quarter 2012 Financial Results

EIJING, May 23, 2012 /PRNewswire via COMTEX/ — Jiayuan.com International Ltd. (“Jiayuan” or “the Company”) DATE -1.53% , operator of the largest online dating platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2012.

 

First Quarter 2012 Highlights[1]

 

Net revenues for the first quarter 2012 were RMB87.4 million (US$13.9 million), a year-over-year increase of 27.8%.

 

Operating income for the first quarter 2012 was RMB3.9 million (US$622,000), compared to operating income of RMB16.5 million for the corresponding quarter of 2011. Excluding share-based compensation, non-GAAP[2] operating income for the first quarter 2012 was RMB7.8 million (US$1.2 million), compared to non-GAAP operating income of RMB19.2 million for the corresponding quarter of 2011.

 

Net income attributable to Jiayuan for the first quarter 2012 was RMB5.2 million (US$831,000), compared to net income attributable to Jiayuan of RMB12.1 million for the corresponding quarter of 2011. Excluding share-based compensation, non-GAAP net income attributable to Jiayuan for the first quarter of 2012 was RMB9.1 million (US$1.4 million), compared to RMB14.8 million for the corresponding quarter of 2011.

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