Shanda Games forecast Four quarterly revenue growth will receive 100 million subsidy

Source: Internet
Author: User
Keywords Revenue 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)
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.