Facebook profit story pushes shares to new high


SAN FRANCISCO: Facebook shares on Wednesday soared to a new high on word that the social network's quarterly profit and user numbers jumped as it thrives in a world gone mobile. 

Net income leapt to US$791mil (RM2.50bil) during the three months ended June 30 in a 138% increase from the US$333mil (RM1.05bil) made during the same period a year earlier, the world's biggest social network said. 

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