Grand Game Q3 net profit 40 million USD down 26%

http://www.aliyun.com/zixun/aggregation/17197.html "> Beijing time November 27 early morning News, Shanda Games today released the third quarter as of September 30, 2012, unaudited combined earnings. Financial results show that the third quarter of the grand game net revenue of 1.081 billion yuan (170 million U.S. dollars), compared with the same period last year, 1.353 billion yuan fell 20%, net profit of 254 million yuan (40 million U.S. dollars), compared with the same period last year 343 million Yuan Year-on-year decline 28%, Earnings per share exceed Wall Street analyst expectations.

Non-US General Accounting Standards (NON-GAAP) financial points for the third quarter of 2012

Net operating income of 1.081 billion yuan (170 million U.S. dollars), the same period last year, 1.353 billion yuan, the last quarter of 1.131 billion yuan.

Gross profit of 705 million yuan (111 million U.S. dollars), the same period last year, 859 million yuan, the last quarter was 726 million yuan; Gross profit margin was 65.3% in the third quarter of 2012, 63.5% in the same period last year and 64.2% in the previous quarter.

Operating profit of 324 million yuan (51.1 million U.S. dollars), the same period last year, 433 million yuan, 391 million yuan in the last quarter, operating margin in the third quarter of 2012 30%, the same period last year 32%, the last quarter was 34.6%.

Net profit of 290 million yuan (45.7 million U.S. dollars), the same period last year, 404 million Yuan, the last quarter of 337 million yuan.

Each share (US depository receipts) diluted net income of 1.04 yuan (17 cents), the same period last year, 1.42 Yuan, the last quarter of 1.20 yuan.

U.S. General Accounting Standards (GAAP) Financial essentials for the third quarter of 2012

Net operating income of 1.081 billion yuan (170 million U.S. dollars), the same period last year, 1.353 billion yuan, the last quarter of 1.131 billion yuan.

Net operating income of China's regional network games is 1.015 billion yuan (160 million U.S. dollars), the same period last year, 1.281 billion yuan, the last quarter of 1.04 billion yuan.

Other income of 65.4 million yuan (10.3 million U.S. dollars), the same period last year, 72.1 million yuan, the last quarter of 90.2 million yuan. The quarterly fall in other income was mainly due to a fall in advertising revenue in the third quarter.

Gross profit of 685 million yuan (108 million U.S. dollars), the same period last year, 830 million yuan, the last quarter was 705 million yuan; Gross profit margin was 63.4% in the third quarter of 2012, 61.3% in the same period last year and 62.4% in the previous quarter.

Operating profit of 281 million yuan (44.3 million U.S. dollars), the same period last year, 361 million yuan, 355 million yuan in the last quarter, operating margin in the third quarter of 2012 26%, the same period last year 26.7%, the last quarter was 31.4%.

Net profit of 254 million yuan (40 million U.S. dollars), the same period last year, 343 million yuan, the last quarter of 308 million yuan.

Each share (US depository receipts) diluted net income of 0.92 yuan (15 cents), the same period last year, 1.20 yuan, the last quarter of 1.10 yuan.

Game operation data for China in the third quarter of 2012

The average monthly active user of Chinese games in the quarter (MAU) grew 6.2% to 18.4 million per cent in the last quarter, driven by updates to some of the main game content.

The average monthly paid user (MPU) in China in the quarter was 3.5 million, down 7.9% from the previous quarter. MPU's fall in the third quarter was mainly due to the introduction of more free features and gameplay by some game releases, which turned some low-end paid users into free users.