Baidu
reported total check valve revenues of RMB1.294 billion ($189.6 million) for the first quarter MBT shoes of 2010, representing a 59.6% increase from the corresponding period in 2009.
Online marketing revenues pyrotechnic signals for the first quarter of 2010 were RMB1.293 billion ($189.5 million), representing a 59.6% increase from the corresponding period in 2009. Baidu had around 221,000 active online marketing customers in the first quarter of 2010, representing reading glasses a 19.5% increase from the corresponding period in 2009 and a 0.9% decrease from the previous quarter. Revenue per online marketing Custom Wedding Dresses customer for the first quarter was approximately RMB5,900($864), a 34.1% increase from the corresponding period in 2009 and a 3.5% increase from the PATEK FAKE WATCHES previous quarter.
Traffic acquisition cheap jersey costs (TAC) as a component of cost of revenues were RMB171.3 million ($25.1 million), representing 13.2% of total dvd ripper revenues, as compared to POLO T-shirt 15.3% in the corresponding period in 2009 and 16.0% in the fourth quarter of 2009. The decrease in TAC as a percentage of total revenues reflects initiatives to drive quality improvements on Baidu Union traffic. Bandwidth costs as a component of cost of revenues were gate valve RMB58.0 million Solvent red 24 ($8.5 million), representing 4.5% of total revenues, compared to 6.0% in the corresponding toggle switch period in 2009. Depreciation costs as a component of cost of revenues were RMB65.9 million ($9.7 million), representing 5.1% of total revenues, compared Gucci Jeans to 7.4% in the corresponding period Women boots in 2009. The decreases in bandwidth and depreciation costs as percentages of total revenues reflect efficiency improvements as well as increased Safety goggles scalability of investment in capital expenditure.
Selling, general Women boots and administrative expenses were RMB214.6 million ($31.4 million), representing an increase of 5.0% from the corresponding period in 2009, primarily men shirts due to increased sales headcount. The increase was partly offset by lower marketing expenses.
Research and development expenses soccer jersey were RMB122.1 million ($17.9 million), representing a 42.6% increase from the corresponding period in wholesale mlb jerseys 2009, primarily due to increased R&D personnel expenses.
Share-based compensation expenses, which were allocated to plug valve related operating costs and expense line items, decreased in aggregate by 16.7% to RMB19.5 million ($2.9 million) in the cheap supra shoes first quarter of 2010 from RMB23.5 million in the corresponding period in 2009.
Operating profit was RMB530.8 million ($77.8 million), representing a 167.4% increase r4i card from the corresponding period in 2009. Operating profit excluding share-based compensation expenses (non-GAAP) was RMB550.3 million ($80.6 million), a 147.9% increase from the corresponding period in 2009.
Income tax expense was prada sneakers RMB70.7 million ($10.4 million), compared to an income tax expense of RMB26.9 million for the corresponding period in 2009. The Hydrostatic test pump effective tax rate for the first quarter of 2010 was 12.8% as compared to 12.9% for the corresponding period in 2009.
Net income was RMB480.5 million ($70.4 million), representing a 165.3% increase from the corres