Perfect World Second quarter net profit 49 million US dollar year-on-year increase 61%

Sina Science and technology news Beijing time, August 23, The Perfect World (NASDAQ:PWRD) today announced its unaudited financial results for the second quarter ended June 30, 2011. The report shows that the perfect second quarter of the world's revenue of 779.6 million yuan (120.6 million U.S. dollars), the same period last year, 592.5 million yuan, net profit of 316.6 million yuan (49 million U.S. dollars),　　The last quarter was 263.7 million yuan, the same period last year, 196.6 million yuan, an increase of 61%.　　In the second quarter of 2011, business receipts for the quarter were 779.6 million yuan (USD 120.6 million), 718.5 million yuan in the quarter and 592.5 million yuan in the same period last year.　　This quarter margin of 665.9 million yuan (103 million U.S. dollars), the last quarter of 610.6 million yuan, the same period last year, 495 million yuan. Operating profit for the quarter of 320.4 million yuan (49.6 million U.S. dollars), the last quarter of 288.9 million yuan, the same period last year, 221.3 million yuan.　　Non-U.S. GAAP operating profit of the quarter 2 to 348 million yuan (53.8 million U.S. dollars), the last quarter of 314.6 million yuan, the same period last year 246.3 million yuan. The net profit attributable to the company's shareholders this quarter was 316.6 million yuan (USD 49 million), which was 263.7 million yuan in the previous quarter and 196.6 million yuan in the same period last year.　　This quarter, non-US GAAP attributable to the company's shareholders net profit of 2 to 344.3 million yuan (53.3 million U.S. dollars), the last quarter of 289.5 million yuan, the same period last year 221.7 million yuan. This quarter of the United States depository Stocks 3 basic and diluted net income is 6.30 yuan (0.98 U.S. dollars) and 5.98 yuan (0.93 U.S. dollars), respectively, the last quarter of 5.25 yuan and 4.99 yuan, respectively, the same period last year, 3.93 Yuan and 3.71 yuan. Non-US GAAP this quarter the basic and diluted net income of American depository stocks is 6.86 yuan (1.06 USD) and 6.50 RMB (1.01 USD) respectively,　　The last quarter was 5.76 yuan and 5.48 yuan, respectively, 4.43 Yuan and 4.19 yuan in the same period last year. "We are pleased to announce that this quarter has once again achieved satisfactory results." Although there is no big consumer holiday like the Spring Festival in the quarter, the results are still more than the upper limit of our expected range. Our recent new works, such as the mainland of God and the Ghost World, have shown strong performance, the existing game portfolio has consistently performed well, and our income from overseas operations has grown rapidly;Grew 8.5%. "Our profits have also increased markedly," said Chi, chairman and CEO of the Perfect World. Into the third quarter, we launched a few days ago the company's first 2D martial arts games, "Days of the Dragon slaughter" of the test. From the initial player feedback, the current game based on China's well-known martial arts fiction is welcomed by Chinese players, and we are looking forward to the full launch of the game's public test. The current user volume of the game continues to climb, and we have confidence in the long-term performance of the days of the dragon, but as a normal game growth cycle, we do not expect that the game will immediately make a significant contribution to the company's operating income, its contribution is expected to be revealed later this year. "Looking to the future, we are satisfied with the development of the company's new game products." Having a rich and deep game product line has always been one of our greatest strengths. In addition to the "Day of the Dragon Slaughter", "laughing" and our product line of some other wonderful works, we recently released a product line based on the world famous anime "Saint Fighter Star" and built 3D MMORPG new "Saint Fighter star Online." We are excited by the adaptation of this powerful animation, which we believe will allow many Chinese players to relive their childhood dreams and revisit the classic themes for the younger generation. We currently have more than 10 new games in the research and development, including MMORPG, web games and social games and other types, we look forward to in the near future to launch these wonderful works. At the same time, we are pleased with the continued good performance of our flagship game, "The Immortal" and "The Perfect World International", and will continue to launch new information films to keep them alive. "In overseas markets, we continue to be the top of China's online gaming companies, and our overseas operations and overseas authorized income are one-fourth of the total operating income of the company." Our subsidiaries in the United States, Europe and Japan continued to achieve outstanding results this quarter. It is noteworthy that our 3D MMORPG "God of the Land", which is to cater to global players ' preferences, is well received by American and European players. Our overseas authorized business has also continued to be well developed, which has facilitated the further expansion of our overseas platforms in the world's important online gaming market. In addition, we have recently completed the Cryptic UBM, Inc., a famous American online gaming company. (hereinafter referred to as "cryptic UBM") of the acquisition, which will bring our game portfolio and product line brings more world-class game works, such as "Champions Online", "Star Trek Online" and "Neverwinter Nights" , and other new projects. The strategic acquisition will further strengthen our strong research and development capabilities worldwide and help us penetrate further into the U.S. and European markets. "Overall, our recent hairThe exhibition and the long-term prospects are full of confidence. Thus, as at August 21, 2011, we have bought 2,305,749 shares of US depository shares in the open market under the company's 100 million dollar stock repurchase scheme. We anticipate that the repurchase plan will continue to be implemented on the basis of market conditions and shareholder interest. The company's performance this year and the longer term is well worth looking forward to. First, as the number of Internet users in China continues to grow, the number of Chinese Internet players is likely to continue to grow rapidly, and secondly, we believe that the number of online gamers has great potential for growth in the traditional major gaming markets such as the US, Europe and Japan; Finally, online gaming is booming in many emerging markets. We believe that our outstanding advantages in product development and innovation, the huge global operation network, the rich and deep game product mix and product line, has been fully prepared for us to seize the growth opportunities of these global online gaming market, and will continue to promote our long-term, sustainable and healthy development.　　"Financial results in the second quarter of 2011 business receipts for the quarter of 779.6 million yuan (120.6 million U.S. dollars), the last quarter of 718.5 million yuan, the same period last year, 592.5 million Yuan." Online gaming revenue for the quarter was 712.1 million yuan (110.2 million U.S. dollars), the last quarter of 646.2 million yuan, the same period last year, 533.3 million yuan.　　The growth in online gaming revenues over the last quarter is mainly due to the company's recent new games, such as "The Magic of the mainland" and "Ghost World," the strong growth of the "perfect World international", such as several companies existing games continued strong performance, as well as the company's overseas operations in the United States, Europe and Japan growth.　　The average number of simultaneous online users (ACU) in China this quarter was about 890,000, the last quarter was 905,000, and 886,000 in the same period last year. Overseas authorized income for this quarter is 61.8 million yuan (9.6 million U.S. dollars), the last quarter of 63.6 million yuan, the same period last year for 55.1 million yuan.　　The slight drop in overseas authorised earnings over the last quarter was mainly due to a decrease in the initial authorized income of companies introducing less significant new games overseas, while the continued growth in royalty revenues partially offset the reduction in overseas authorized income.　　Other income of 5.6 million yuan (900,000 U.S. dollars), the last quarter of 8.7 million yuan, the same period last year, 4.1 million yuan.　　Operating costs this quarter operating cost of 113.7 million yuan (17.6 million U.S. dollars), the last quarter of 107.9 million yuan, the same period last year for 97.6 million yuan. Gross margin and gross profit margin of this quarter is 665.9 million yuan (103 million U.S. dollars), the last quarter of 610.6 million yuan, the same period last year for 495 million yuan. Gross margin of the quarterFor 85.4%, the last quarter gross profit margin of 85%, the same period last year gross profit margin of 83.5. Operating costs this quarter operating costs of 345.5 million yuan (53.5 million U.S. dollars), the last quarter of 321.7 million yuan, the same period last year for 273.7 million yuan.　　The rise in operating costs over the last quarter was mainly due to an increase in research and development costs, sales and market costs, while the fall in management costs partially offset the rise in operating costs. Research and development costs for the quarter of 161 million yuan (24.9 million U.S. dollars), the last quarter of 146.3 million yuan, the same period last year, 90.7 million yuan.　　The rise in research and development costs over the last quarter was mainly attributable to the rise in human costs. Sales and market costs for the quarter of 121.4 million yuan (18.8 million U.S. dollars), the last quarter of 103.7 million yuan, the same period last year, 120.3 million yuan.　　The increase in sales and market costs over the last quarter was mainly due to an increase in advertising and promotional costs associated with the company's recent new games and the series of existing games. The management cost of this quarter is 63.1 million yuan (9.8 million U.S. dollars), the last quarter of 71.7 million yuan, the same period last year for 62.7 million yuan.　　The decrease in management costs over the last quarter was mainly attributable to a decrease in human costs. Operating profit this quarter operating profit of 320.4 million yuan (49.6 million U.S. dollars), the last quarter of 288.9 million yuan, the same period last year, 221.3 million yuan.　　Non-U.S. GAAP operating profit of this quarter is 348 million yuan (53.8 million U.S. dollars), the last quarter of 314.6 million yuan, the same period last year for 246.3 million yuan. Income tax charges for the quarter of 38.6 million yuan (6 million U.S. dollars), the last quarter of 33.7 million yuan, the same period last year for 29.6 million yuan.　　The rise in income tax charges over the last quarter is in line with the upward trend in operating profits this quarter. Net profit attributable to the shareholders of the company this quarter is 316.6 million yuan (49 million U.S. dollars), the net profit of the company shareholders, the last quarter of 263.7 million yuan, the same period last year 196.6 million yuan.　　This quarter, non-US GAAP attributable to the company's shareholders net profit of 344.3 million yuan (53.3 million U.S. dollars), the last quarter of 289.5 million yuan, the same period last year for 221.7 million yuan. This quarter of the United States depository stocks basic and diluted net income of 6.30 yuan (0.98 U.S. dollars) and 5.98 yuan (0.93 U.S. dollars), respectively, the last quarter of 5.25 yuan and 4.99 yuan, respectively, the same period last year 3.93 yuan and 3.71 yuan. Non-US GAAP quarterly basic and amortization of U.S. depository stocksA thin net income of 6.86 yuan (1.06 U.S. dollars) and 6.50 yuan (1.01 U.S. dollars), respectively, the last quarter was 5.76 yuan and 5.48 yuan, respectively, the same period last year 4.43 yuan and 4.19 yuan. Cash and cash equivalents as at June 30, 2011, the company's cash and cash equivalents amounted to 1.7 billion yuan (USD 267.9 million). For the period ended March 31, 2011, the company's cash and cash equivalents amounted to RMB 1.4 billion.　　The growth in cash and cash equivalents comes mainly from net cash inflows from the company's online gaming operations. Non-sustainable business with the consent and approval of the Board of directors and a special committee of all independent directors of the board, the perfect World has recently signed an agreement that will perfect the world's film and television business entity – the Perfect World (Beijing) Movie-Culture Co., Ltd. To 360 million yuan for sale to Beijing happy Permanent Film Culture Co., Ltd. (hereinafter referred to as "Happy Forever"). The Perfect World Chairman and CEO Chi is a happy and permanent major shareholder.　　The deal will help the perfect world further focus on its core network game development and operations to maximize shareholder value in future corporate growth. As at June 30, 2011, the company has incorporated the assets and liabilities of the film and television business into "holdings of unsold assets/liabilities", which are shown in the consolidated balance sheet.　　At the same time, the company will be in the second quarter of 2011 and the earlier period of comparison of film and television business performance recorded in the non-sustainable operating profit and loss, listed in the consolidated profit statement.　　Recent business development launched the "Day of the dragon slaughter" do not delete the file test perfect world on August 18, 2011 launched the company's first 2D martial arts MMORPG "Days of the Dragon slaughter" of the test, this game adapted from Mr. Jin Yong's namesake popular novel.　　Acquisition of Cryptic UBM, Inc. In the August 2011, the perfect World acquired the famous American online gaming company Cryptic UBM for about 3.5 million euros, which will bring more world-class game works to the company's diversified game mix and product line, such as "Champions Online", "Star Trek Online and Neverwinter Nights, and other new projects.　　The strategic acquisition will further strengthen the company's strong research and development and operational strength around the world, in favor of further penetration of the company in the U.S. and European markets. US Depository share repurchase plan March 2011, the company's board of directors authorized the perfect world to repurchase not more than 100 million U.S. dollars in the United States depository stocks in the period from March 2011 to March 2012.　　As at August 21, 2011, the company has bought 2,305,749 shares of US depository shares from the open market on the basis of the repurchase plan. Business Outlook is based onThe company's current operating conditions, the company expects 2011 third quarter of the operating income of roughly 756 million yuan to 803 million yuan between RMB. The estimate was roughly the same as the current quarter, but still rose 15% to 22% from a year earlier. As a necessary phase in the normal product cycle, the company plans to slow down some of its existing game promotions in the third quarter to improve the life cycle of existing games and to consolidate the sustainability of the company's growth.　　In addition, in the early days of the new game, the company will usually focus on increasing the user volume and the attractiveness of the game, so the "Days of the Dragon slaughter" is not expected to make a significant contribution to the company's third-quarter operating income.　　Conference call the perfect world will be in the U.S. Eastern Time August 22, 2011 Monday 9 o'clock in the evening (Beijing time August 23 Tuesday early 9 o'clock) conference calls and live webcast meetings to inform the Company's financial and operating conditions. The phone numbers for the conference call are as follows:-U.S. users please call the toll-free 1-866-519-4004-International users please call +65-6723-9381-Mainland China, please call the toll-free 800-819-0121-HK users please call toll-free 80-093-　　0346-UK users please call the toll-free 080-8234-6646 conference access password: PWRD Users can also listen to the live or replay of the meeting online in the Perfect World website (http://www.pwrd.com) Investor Relations section.　　The conference call playback will be available 2 hours after the end of the telephone conference and remain until 11:59 the eastern time of the United States. Dial in to listen to the phone number as follows:-U.S. users please call toll-free 1-866-214-5335-International users please call +61-2-8235-5000 conference access password: 7973 (PWRD)