Shanda games Q3 revenue hits record high analyst forecasts

Source: Internet
Author: User
Keywords Grand games analyst expectations a record high
Beijing Time December 2 News, Shanda Games Limited (Nasdaq:game) released its third quarterly financial report as at September 30, 2009.  Net operating income reached a record high of $186 million trillion, exceeding analysts ' expectations.  According to the unaudited financial reports of Shanda Games, Shanda's net operating income reached a record high of 1.272 billion yuan (USD 186 million) in the last quarter, up 45% from a year earlier, and 10% per cent in the last quarter. In terms of profits, Shanda's third-quarter operating profit was 421 million yuan (USD 61.6 million), up 36% from a year earlier.  Net profit was 367 million yuan (USD 53.7 million), up 39% from a year earlier. Yu, CEO of Shanda Games, said: "We are pleased to see that Shanda has given a beautiful transcript in the first quarter after the successful landing of the Nasdaq stock market." The company's business in the diversification of the game product portfolio to continue to maintain a stable and healthy growth, further reflect our leading operational capabilities and strong platform advantages. ”
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