Baidu (HKG:9888) incurred an attributable loss of 11.2 billion yuan for the three months ended Sept. 30, compared with an attributable profit of 7.63 billion yuan a year prior, a Friday Hong Kong bourse filing said.
Loss per share stood at 4.23 yuan in the quarter, whereas the Chinese search engine operator had seen earnings per share of 2.70 yuan in the corresponding period of the last year.
Revenue for the quarter slipped 7% to 31.2 billion yuan from 33.6 billion yuan in the year-ago period.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.