date:May 26, 2014
ear, and gross margin expanded more than 400 basis points to a 24-month high of 14.5%.
First Quarter 2014 Quick View
* Total revenue increased 38.8% to RMB625.7 million ($101.7 million[1]) from RMB450.7 million in the first quarter of 2013.
* Gross profit increased 92.1% to RMB90.5 million ($14.7 million) from RMB47.1 million in the first quarter of 2013.
* Net income increased 208.3% to RMB39.3 million ($6.4 million) from RMB12.8 million in the first quarter of 2013.
* Basic and diluted earni