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 Xinhua Sports Adr (NASDAQ:XSEL)

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Tuesday, December 7, 2010
Comments & Business Outlook
•   Net revenue was $27.1 million (excluding discontinued operations)
 
•   Adjusted EBITDA was $0.9 million
 
•   Net loss attributable to XSEL was $0.3 million
First Half Year 2010 Financial Results
Chart 1: Summary of financial results
                         
    6 months ended     6 months ended        
In US millions   Jun 30, 2010     Jun 30, 2009     Growth %  
Net revenue1
     27.1       27.2       0 %
Adjusted EBITDA2
     0.9       7.0       -87 %
Net loss attributable to XSEL
     (0.3 )     (5.3 )     95 %
Exceptional items3
     (9.0 )     (1.1 )     N/A  
Net loss attributable to XSEL before exceptional items
     (9.3 )     (6.4 )     -45 %
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