Shanda Games forecast Four quarterly revenue growth will receive 100 million subsidy
Source: Internet
Author: User
KeywordsRevenue chain will be
November 30 Morning News, Shanda Games released today the third quarter ended September 30, 2010 without an audited consolidated financial report. Here, Shanda's chief Financial Officer (CFO) Wei expects the next quarter's earnings to grow turnover, and will receive 100 million trillion yuan in government subsidies. Shanda Games The latest release of earnings, the third quarter total revenue of 1.096 billion yuan, the same period last year, 1.272 billion yuan, net profit of 289 million yuan, fell 21% year-on-year, the same period last year 367 million yuan. In the advance speech of the quarterly earnings call, Wei predicted that, as the old game into a stable phase, and "Dragon Valley" will contribute to the four quarter revenue, Shanda games are expected to increase the four quarter to 3% to 5%, operating gross margin (excluding the impact of equity incentive spending) will be flat with the three quarter. According to its revealed, the grand game next quarter's equity incentive spending is expected to be 30 million yuan. In addition, the grand game is expected to receive 100 million yuan of government subsidy in the quarter. (Shu Shi)
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