Grand Game net profit of the third quarter of 53.9 million dollars year-on-year increase 18.5%

Sina Science and technology news Beijing time of November 18, Shanda Games (micro-blog) (Nasdaq:game) today released the third quarter as at September 30, 2011, unaudited financial report. The report showed that Shanda's net operating income in the third quarter of 2011 amounted to 1.353 billion yuan (USD 213 million), a 23.4% increase from a year earlier, a 2.4% increase from the previous quarter, and a net profit of 343 million yuan (53.9 million US dollars), up 18.5% from a year earlier,　　Grew by 12.3% over the last quarter.　　Non-US General Accounting Standards (NON-GAAP) Net operating income reached 1.353 billion yuan (USD 213 million), rising 23.4% from a year earlier, to a record high of 2.4% in the last quarter.　　Gross profit was 859 million yuan (USD 135 million), up 28.5% from a year earlier, up 3.5% from the previous quarter, with a gross margin of 63.5% in the third quarter of 2011, 61% in the same period last year and 62.9% in the previous quarter.　　Operating profit was 433 million yuan (USD 68.2 million), which grew 20.9% from a year earlier, down 0.9% from the previous quarter, while operating margins were 32% in the third quarter of 2011, 32.7% in the same period last year and 33.1% in the previous quarter.　　Net profit was 404 million yuan (USD 63.5 million), up 20.9% from a year earlier, and 9% per cent in the previous quarter.　　Each share (US depository receipts) diluted net income of 1.42 yuan (22 cents), the same period last year, 1.18 Yuan, the last quarter of 1.30 yuan.　　U.S. General Accounting Standards (GAAP) financial points net operating income reached 1.353 billion yuan (USD 213 million), up 23.4% from a year earlier, up 2.4% from the previous quarter.　　– China's net operating income for online gaming is 1.281 billion yuan (USD 202 million), up 22.2% from a year earlier, and 2.7% per cent in the last quarter.　　– Other income (mainly for overseas business income) was 72.1 million yuan (USD 11.4 million), which grew 49.3% from a year earlier, down 1.4% from the previous quarter.　　Gross profit was 830 million yuan (USD 131 million), up 28.3% from a year earlier, up 3.6% from the previous quarter, with a gross margin of 61.3% in the third quarter of 2011, 59% in the same period last year and 60.6% in the previous quarter.　　Operating profit of 361 million yuan (56.9 million U.S. dollars), up from the same period last year, 18%, and the last quarter of the 362 million yuan basically flat; operating margins were 26.7% in the third quarter of 2011, 27.9% in the same period last year and 27.4% in the previous quarter. Net profit was 343 million yuan (USD 53.9 million), up 18.5% from a year earlier, comparedGrew 12.3% in the last quarter.　　Each share (US depository receipts) diluted net income of 1.20 yuan (19 cents), the same period last year, 1.02 Yuan, the last quarter of 1.08 yuan. Game operations in China the average monthly active user (MAU) in China in this quarter was 21 million, and the last quarter was 24 million. Mau's quarterly decline was mainly due to one aspect, the company introduced "star Change" in the second quarter of the new Mau, some of the users left the game in the third quarter, this is the new game will experience a normal phenomenon; On the other hand, the "Dragon Valley" was scheduled to launch in July, the information film was postponed to September launch,　　So that the game's Mau has declined. The average monthly paid user (MPU) for Chinese games in the quarter was 4.6 million, and the last quarter was 4.4 million.　　MPU's quarterly rise was mainly due to the introduction of major games in the quarter and the growth of paid subscribers.　　The average monthly contribution of each paid user in this quarter (monthly ARPU) is 91.9 yuan, 94.6 yuan in the last quarter. "The performance in the third quarter of 2011 was in line with expectations," said Tan, chairman and CEO of Shanda Games. The continued growth in revenue is a further indication that the company's strategy to build high-quality product lines, build multiple platforms and expand overseas has begun to bear fruit and we are moving in the right direction. We believe that the effective implementation of the above strategy will continue to promote the development of the company's business, we are full of expectations of future prospects. "" Into the fourth quarter, the company continued to work to launch High-quality game products, released at the end of October, "Legend 3" popular, became a successor to the "Stars change" after a successful game. The success of Legend 3 not only enriched the product content, but also demonstrated the company's ability to continuously meet the needs of users through innovation, and to further balance the company's game revenue. In addition to developing innovative and persistent new game products, we will continue to inject new elements into existing games to make them more interesting and more durable. "Looking ahead, Shanda games will remain innovative and forward-looking in the global online gaming industry," he said. The implementation of the ' All-Star ' strategy is gradually showing its growth potential. While trying to build a richer and more high-quality game product line, we will also reduce the entry threshold of PC network games through technology such as light client and Web page, copy the mode of multi-channel content source into mobile game strategy, and gradually promote our products to the whole world. We believe that Shanda games can seize the global game market growth opportunities for the vast number of game users to provide quality game products and services. "Teleconference and webcast the Grand Game management team will convene the Beijing/Hong Kong time November 18, 2011 Morning 9 O'Clock (Eastern Time November 17, 2011 8 o'clock in the evening) conference call to report the company's financial and business situation."　　The telephone access code is as follows:US free: 1866-519-4004 China Mobile Access free: 400-620-8038 China fixed-line access free: 800-819-0121 Hong Kong free: 800-930-346 UK free: 0808-234-6646 International Fee: +　　65-6723-9381 Password: 26588230 from Beijing/Hong Kong Time November 18 Noon 12 o'clock, investors can call to listen to the telephone conference call recordings, valid for 7 days: The United States free: 1866-214-5335 International charges: +61-2-8235-5000 Password: 26588230 The webcast and replay of the conference call can also be heard in the Investor Relations section of the Shanda gaming website http://ir.shandagames.com/.