Tom Online warns of flat growth in revenue, South China Morning Post, 16 Mar 2005

“Tom Online expects flat revenue growth this quarter due to competition for multimedia services (MMS) from China's leading mobile operator. The company, dually listed on the Growth Enterprise Market and Nasdaq, said revenue would rise from US$34.48 million last quarter to between US$35.5 million and US$36.2 million this quarter, representing an increase of only 2.9 per cent to 4.9 per cent, against a 9.8 per cent rise in the previous period. "The migration of MMS services to China Mobile could put pressure on the company's MMS revenue this quarter," Tom Online said in its earnings statement.�

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