Grand Games Quarterly net profit of 34.1 million dollars fell 30%

Sina Science and technology news Beijing time February 26, the Grand Game (Nasdaq:game) today announced the fourth quarter as at December 31, 2012 and the year without the audit earnings. Financial results show that the last quarter of the grand game net operating income of 1.082 billion yuan (172 million U.S. dollars), and the same as the previous quarter to achieve the expected, compared to the same period of 1.356 billion yuan fell 25.9%; Net profit is 214 million yuan (34.1 million USD), down 304 million from the same period last year. %。 Shanda Game 2012 net operating income of 4.682 billion yuan (745 million U.S. dollars), compared with last year's 5.282 billion yuan decline 11.4%; Net profit is 1.113 billion yuan (177 million USD), which is 1.265 billion yuan from last year. 2012 The fourth quarter of non-US General Accounting Standards (NON-GAAP) financial points net operating income of 1.082 billion yuan (172 million U.S. dollars), the same period last year, 1.356 billion yuan, the last quarter of 1.081 billion yuan. Gross profit of 728 million yuan (116 million U.S. dollars), the same period last year, 864 million yuan, the last quarter of 705 million yuan, gross margin of 67.3%, the same period last year 63.7%, the last quarter is 65.3%. Operating profit of 351 million yuan (55.8 million U.S. dollars), the same period last year, 443 million yuan, 324 million yuan in the last quarter, operating profit margin of 32.4%, the same period last year 32.7%, the last quarter is 30%. The net profit attributable to shareholders was 249 million yuan (USD 39.7 million), 336 million yuan in the same period last year, and 290 million yuan in the last quarter. 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 1.04 yuan. 2012 The fourth quarter of the United States General Accounting Standards (GAAP) financial points net operating income of 1.082 billion yuan (172 million U.S. dollars), the same period last year, 1.356 billion yuan, the last quarter of 1.081 billion yuan. Net operating income of China's regional network games is 976 million yuan (155 million U.S. dollars), the same period last year, 1.262 billion yuan, the last quarter of 1.015 billion yuan. Other income of 106 million yuan (16.8 million U.S. dollars), the same period last year, 94 million yuan, the last quarter of 65.4 million yuan. Gross profit of 708 million yuan (113 million U.S. dollars), the same period last year, 834 million yuan, the last quarter of 685 million yuan, gross margin of 65.4%, the same period last year 61.5%, the last quarter is 63.4%. Operating profit of 307 million yuan (48.9 million U.S. dollars), the same period last year, 401 million yuan, 281 million yuan in the last quarter, operating profit margin of 28.4%, the same period last year 29.6%, the last quarter was 26%. The net profit attributable to shareholders was 214 million yuan (USD 34.1 million), 304 million yuan in the same period last year, and 254 million yuan in the last quarter. Each share (US depository receipts) diluted net income of 0.78 yuan (12 cents), the same period last year, 1.08 Yuan, the last quarter of 0.92 yuan. Game operations in China in the fourth quarter of 2012 the average monthly active user (MAU) in China this quarter was 18.6 million, an increase of 1.2% per cent in the last quarter. The average monthly paid user (MPU) in China in the quarter was 3.4 million, down 4.9% from the previous quarter. The fall in MPU was mainly due to the company's continued release of free features and play in the quarter, which led to the conversion of some low-end paid users to free users. The average monthly contribution (monthly ARPU) for each paid user in this quarter was 96.8 yuan, an increase of 1.1% per cent over the last quarter. The ARPU growth in the quarter was mainly due to the decline in the number of paid users mentioned above. 2012 Annual non-US General Accounting Standards (NON-GAAP) financial points net operating income of 4.682 billion yuan (745 million U.S. dollars), last year for 5.282 billion yuan. Gross profit of 3.06 billion yuan (487 million U.S. dollars), last year for 3.344 billion yuan. Operating profit of 1.559 billion yuan (248 million U.S. dollars), last year for 1.729 billion yuan. The net profit attributable to shareholders is 1.258 billion yuan (USD 200 million), which was 1.477 billion yuan last year. Each share (US depository receipts) diluted net income of 4.54 yuan (72 cents), last year for 5.20 Yuan. 2011 Annual U.S. General Accounting Standards (GAAP) financial points net operating income of 4.682 billion yuan (745 million U.S. dollars), last year for 5.282 billion yuan. Net operating income of China's regional network games is 4.32 billion yuan (687 million U.S. dollars), last year was 4.976 billion yuan. Other income is 362 million yuan (57.6 million U.S. dollars), 306 million yuan last year. Gross profit of 2.971 billion yuan (473 million U.S. dollars), last year for 3.226 billion yuan. Operating profit of 1.378 billion yuan (219 million U.S. dollars), last year for 1.474 billion yuan. The net profit attributable to shareholders is 1.113 billion yuan (USD 177 million), which was 1.265 billion yuan last year. Each share (US depository receipts) diluted net income of 4.02 yuan (64 cents), last year for 4.46 Yuan. "The company's fourth-quarter performance was up to expectations," said Zhang, CEO of Shanda Games. During the quarter, we continued to strengthen product branding, enrich the game mix, extend new content to different platforms and distribution channels, and achieve outstanding results in overseas markets. This quarterOther revenues rose 61.3% from the previous quarter, thanks in large part to the excellent performance of Dragon Valley in other countries as well as the mobile gaming "million Arthur" in South Korea. In the new game, the rift in time and space will begin to be tested in March. As a number of game portals in China occupy the top five of the most anticipated game list of products, we are full of expectations of its potential. At the same time, games or dungeon such as "The Tower of Eternity 4.0", "0 World", "Final Fantasy 14" and "The Light of the Earth" ("Striker") are also planned. We hope that the above games will help the company to further expand its user base and diversify its income sources. "Outlook 2013, we have a strong product line, new platforms and new market contributions to the solid revenue, as well as successful online mobile games." We believe that the company's brand and core competencies will be further strengthened based on a wealth of operational experience, sound distribution channels and good financial conditions. We are full of confidence in the long-term development of our company. "Stock repurchase scheme June 11, 2012, the company's board of directors authorizes Shanda to repurchase a company's shares of not more than 100 million US dollars (US depositary Shares, or" ADS ") in the next 12 months, based on market conditions, transaction prices and other factors, and subject to U.S. securities regulations. As of February 22, 2013, the company has bought up about 11.4 million shares of ads in total, costing about 41.5 million dollars. Conference Call and webcast the Grand Game management team will convene the Beijing/Hong Kong time February 26, 2013 Morning 9 o'clock (Eastern Time February 25, 2013 8 o'clock in the evening) conference call to report the company's financial and operating conditions. 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: 12754581 from Beijing/Hong Kong Time February 26 Noon 12 o'clock, investors can call to listen to the telephone conference call recordings, valid for 7 days: The United States free: 1855-452-5696 International charges: + 61-2-8199-0299 Password: 12754581 The webcast and replay of the teleconference can also be http://ir.shandagames.com/in the Investor Relations section of the Shanda gaming website.