date:May 26, 2014
come tax expenses in the first quarter of 2014 were RMB13.1 million ($2.1 million), representing an effective tax rate of 25%.
Net income increased by 208.3% to RMB39.3 million ($6.4 million) in the first quarter of 2014, compared to RMB12.8 million in the same quarter of 2013. In the first quarter of 2014, basic and diluted earnings per ordinary share and per ADS were RMB1.53 ($0.25), and the Company had 25.7 million weighted average basic and diluted shares outstanding.
As of March 31, 2014,