Editorial Summary

Shanghai-based real estate services company E-House (China) Holdings Limited (NYSE: EJ) reported first quarter revenues of $33.2 million, up 107 percent year-on-year, before market on Thursday. Net income for the company was $8.7 million, up 97 percent year-on-year. Primary real estate agency services brought in $21.9 million of revenue in the period, increasing 72 percent from a year ago. Revenue from secondary real estate brokerage services came in at $2.8 million, up 58 percent year-on-year, while real estate consulting and information services increased 467 percent year-on-year to $8.3 million.

For the second quarter, E-House expects revenues of between $41 million and $44 million.