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Sohu tumbles 15% on earnings

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decline_7 February 6, 2012 (Chinavestor) China's fourth largest web portal tumbled 15% in the first five minutes of trading on Monday after reporting 2011 Q4 result. Net income fell to $25 million from $41.5 ,million a year earlier. But sales grew to a record, indicating there is hope. Yet the company issued a very conservative 2012 first quarter net income, basically in line with current disastrous result, so the dive today is well understood.




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