Reactions to story from ChinaTechNews.com - The Technology Source for the Latest Chinese News on Internet, Computers, Digital, Science, Electronics, Law, Security, Software, Web 2.0, Telecom, and Wireless Industries
Acorn Blames Sichuan Earthquake For 25% Net Revenue Drop
http://www.chinatechnews.com/ 2008/ 08/ 20/ 7317-acorn-blames-sichuan-earthquake-for...
Chinese TV shopping company Acorn International (ATV) says quarterly net revenues were USD47.2 million, a decrease of 25.4% compared to USD63.3 million in the second quarter of 2007, as it announced its second quarter financial results for the three months ended June 30, 2008. Commenting on the poor results, James Hu, chairman and CEO of Acorn [...]
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