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Soufun Holdings Ltd lowers FY 2014 revenue guidance


Thursday, 7 Aug 2014 08:41am EDT 

Soufun Holdings Ltd:Adjusts revenue guidance for FY 2014 from between $780.0 mln and $796.0 mln, or year-over-year increase of between 22.5 pct. and 25 pct., to between $727.0 mln and $739.0 mln, or year-over-year increase of between 14 pct. and 16 pct.Says that it is adjusting its revenue guidance for FY 2014 in light of slowdown in real estate market in China, the company's reduction in fees its charge for listing services for remainder of 2014, and longer time for new businesses to contribute significantly to revenue growth.FY 2014 revenue of $742.0 mln - Thomson Reuters I/B/E/S. 

Company Quote

10.02
-0.23 -2.24%
24 Oct 2014