Dangdang (DANG) Tops Q4 EPS by 1c, Provides Q1 Guidance

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Dangdang Announces Unaudited Fourth Quarter and Fiscal Year 2014 Results

March 31, 2015 8:03 AM EDT

BEIJING, March 31, 2015 /PRNewswire/ -- E-Commerce China Dangdang Inc. ("Dangdang" or the "Company") (NYSE: DANG), a leading business-to-consumer e-commerce company in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2014.

Fourth Quarter and Fiscal Year 2014 Highlights

Net Income for the fourth quarter of 2014 was RMB32.8 million ($5.3 million), or 1.3% of total net revenues, representing an increase of 51.4% from RMB21.7 million in the fourth quarter of 2013, or 1.1% of total net revenues. Total net revenues for the fourth quarter of 2014 were... More