Net263(SZ:002467)2014-04-27 16:00Revenue Growth - Revenue for Q1 2013 reached ¥175,644,619.29, a significant increase of 153.64% compared to ¥69,248,531.62 in Q1 2012[7] - The company reported a 153.64% year-on-year growth in main business revenue, attributed to the integration of overseas internet services and enterprise VPN business[14] - The expected net profit for the first half of 2013 is projected to be between 55.48 million and 64.73 million RMB, representing a year-over-year increase of 50% to 70% compared to 36.99 million RMB in the first half of 2012[24] Profitability - Net profit attributable to shareholders was ¥35,107,082.82, up 65.51% from ¥21,211,176.01 in the same period last year[7] - Basic earnings per share rose to ¥0.15, reflecting a growth of 66.67% from ¥0.09 in the previous year[7] - The growth in net profit is attributed to the integration of overseas internet comprehensive service business, enterprise VPN business, and growth in enterprise communication services[24] Cash Flow and Assets - Operating cash flow increased dramatically by 502.57%, totaling ¥45,453,085.53 compared to ¥7,543,228.54 in Q1 2012[7] - Total assets as of March 31, 2013, were ¥1,615,896,796.01, representing a 2.8% increase from ¥1,571,848,384.62 at the end of 2012[7] Strategic Investments and Plans - The company’s investment in Beijing Yule Innovation Technology Co., Ltd. led to an increase in long-term equity investments by ¥3,840,000[14] - The company plans to continue expanding its overseas internet service business and enterprise VPN offerings to drive future growth[14] - The company has committed to fulfilling its obligations related to major asset acquisitions, ensuring the smooth progress of these transactions[14] Expense Management - The increase in sales expenses by 287.67% was primarily due to the integration of overseas internet services and enterprise VPN business[14] Future Profit Targets - The net profit target for 2013 is set at no less than $13 million, with previous years' targets being $10 million for 2012 and $15 million for 2014[17]