Sohu's second quarter net profit rose 29%

Sina Science and technology News, August 1, online game developers and Operators Tour Co., Ltd. (nasdaq:cyou) today released the unaudited second-quarter results as at June 30, 2011, the total revenue of 105 million U.S. dollars, the year-on-year growth of 25%, net profit of 54.2 million U.S. dollars, an increase of 29　　%。　　In the second quarter of 2011, the bright spot revenue reached a record 105 million U.S. dollars, the chain growth of 8%, year-on-year growth of 35%, exceeding the company's guidance forecast limit of 5 million U.S. dollars. The net profit attributable to the company reached a record $54.2 million trillion, or 1 of each U.S. Depository Voucher (ADS) net income of 1.02 dollars.　　Net profit rose 3%, up 29% year-on-year. The net profit (ie excluding equity incentive fees) to the company reached a record $55.6 million trillion, that is, the net yield of each US depository receipts is 1.04 U.S. dollars, exceeding the company's guidance forecast of 5.1 million dollars.　　Non-US general accounting standards attributable to the company's net profit year-on-year growth of 2%, an increase of 26%. May 11, 2011, the company completed the acquisition of domestic web game company Shenzhen Seventh Avenue Technology Co., Ltd. ("Seventh Avenue") 68.258% equity.　　The financial statements for Seventh Avenue are merged into the financial statements from June 1, 2011. Operating results in the second quarter of 2011 in view of the company's completion of the Seventh Avenue acquisition in the second quarter, the company will disclose the operating data for the Seventh Avenue Web game separately, in addition to operating data disclosed in the previous quarter.　　We believe that these operational metrics will help investors and corporate management better understand the company's business performance.　　Tour 2011 Second quarter operating data are as follows: Company Game 3 Total registered account number of 131.9 million, the chain growth of 13%, the year-on-year growth of 34%.　　The total number of games in the company at the same time online numbers (PCU) reached 970,000, the chain down 3%, down 15% year-on-year.　　The total number of active pay accounts (APA) up to 2.91 million, the chain growth of 1%, the year-on-year growth of 4%. The company's game of the average contribution of active pay users Quarterly income (ARPU) for 211 yuan, the chain growth of 1%, the year-on-year growth of 15%.　　This is consistent with the idea that the company wants ARPU to remain at a reasonable level, ensuring that the company's games are within the affordability of most Chinese gamers. Seventh Avenue financial statements are merged into the financial statements and the operating data are as follows: The number of active accounts for the Seventh Avenue game is 18.6 million.　　Active accounts are the number of users who have logged in at least one game at a time during the period. The number of active recharge accounts for the Seventh Avenue game is up to 660,000.　　Active recharge accounts are the number of active accounts that recharge in the game during the period. The average monthly income of the Seventh Avenue game is 32 RMB for each active recharge user. Average quarterly earnings per active top-up user is defined as the periodThe net income of seven avenues divided by the number of active recharge accounts.　　In the second quarter of 2011, the total revenue of unaudited earnings in the second quarter of 2011 reached 105 million U.S. dollars, the chain growth of 8%, the year-on-year growth of 35%. In the second quarter of 2011, online gaming revenues, including gaming revenues, overseas agency revenues and Seventh Avenue revenues, reached 101.5 million trillion, a 7% increase, and 31% year-on-year. NET game income chain and year-on-year growth is mainly due to "Tianlong eight" in the domestic continued to be welcomed by players and Seventh Avenue income contribution.　　The financial statements for the Seventh Avenue have been merged into the swimming financial statements since June 1, 2011. In the second quarter of 2011, other income was 3.5 million U.S. dollars, the chain growth of 62%.　　Growth was mainly attributable to the quarterly revenue from the 2011 second quarter of the video advertising service. Gross profit in the second quarter of 2011, the gross profit of 90.9 million U.S. dollars, the chain growth of 6%, the year-on-year growth of 29%. Non-US general accounting standards in the second quarter of 2011 gross profit of 91 million U.S. dollars, the chain growth of 6%, year-on-year growth of 29%. In the second quarter of 2011, the U.S. General accounting standards and non-US general accounting standards Gross profit margin of 87%. Both were 88% in the first quarter of 2011 and 91% in the second quarter of 2010.　　The decline was mainly due to the increased bandwidth and server costs associated with the introduction of the deer tripod in the second quarter of 2011. U.S. general accounting standards and non-US general accounting standards in the second quarter of 2011 gross profit of the online gaming business is 91.6 million U.S. dollars, the chain growth of 7%, the year-on-year growth of 29%. In the second quarter of 2011, the U.S. General accounting standards and non-US general accounting standards Online gaming business, the gross profit margin of 90%.　　Both the first quarter of 2011 and the second quarter of 2010 were 91%.　　U.S. general accounting standards and non-US general accounting standards in the second quarter of 2011 gross losses for other businesses were 650,000 dollars. Operating costs in the second quarter of 2011 total operating expenses of 29.6 million U.S. dollars, the chain increased by 18%, an increase of 23%.　　Non-US general accounting standards total operating costs of 28.2 million U.S. dollars, the chain increased by 21%, an increase of 28% year-on-year. The U.S. General accounting standards for product development cost of 12 million U.S. dollars, the chain increased by 12%, an increase of 55%. Non-US general accounting standards for product development cost of 11.5 million U.S. dollars, the chain increased by 16%, an increase of 71%.　　The United States General accounting standards and non-US general accounting standards development costs of the chain and year-on-year increase is mainly due to the second quarter of 2011, the increase in staff compensation and welfare costs and agent games generated by the increase in copyright costs. The U.S. General Accounting standards Sales and marketing cost of 12 million U.S. dollars, the chain increased by 37%, an increase of 2%. Non-US general accounting standards Sales and marketing costs 11.7 million U.S. dollars, the chainIncreased by 37%, flat.　　United States General accounting standards and non-U.S. general accounting standards Sales and marketing costs of the chain and year-on-year increase is mainly due to the new game "Deer Ding Kee" market promotion and increased advertising costs. The United States General accounting standards management cost of 5.6 million U.S. dollars, the chain growth of 1%, the year-on-year increase of 23%. Non-US General accounting standards Management cost of 5 million U.S. dollars, the chain growth of 5%, the year-on-year increase of 37%.　　The United States General accounting standards and non-US general accounting standards management costs of the chain growth and year-on-year growth mainly due to the second quarter of 2011, the increase in staff remuneration and welfare costs. Operating profit 2011 The second quarter of the operating profit of 61.4 million U.S. dollars, the chain growth of 1%, an increase of 31% per cent. The operating profit rate for the second quarter of 2011 was 58%, the first quarter of 2011 was 62%, and the second quarter of 2010 was 60%. Non-US general accounting standards in the second quarter of 2011 operating profit of 62.7 million U.S. dollars, the chain growth of 1%, the year-on-year growth of 29%.　　Non-US GAAP operating profit rate was 60% in the second quarter of 2011, 64% in the first quarter of 2011 and 63% in the second quarter of 2010. Net profit of 2011 in the second quarter of 54.6 million U.S. dollars, the chain growth of 3%, up 30%. Non-US general accounting standards net profit of 56 million U.S. dollars, the chain growth of 2%, year-on-year growth of 27%. The net profit margin for the second quarter of 2011 was 52%, with 54% in the first quarter of 2011 and in the second quarter of 2010.　　Non-US GAAP net profit margin was 53% in the second quarter of 2011, 56% in the first quarter of 2011 and 57% in the second quarter of 2010. In the second quarter of 2011, the net profit attributable to the company reached 54.2 million U.S. dollars, the chain growth of 3%, the year-on-year growth of 29%. Non-US general accounting standards are attributable to the company's net profit of 55.6 million U.S. dollars, the chain growth of 2%, the year-on-year growth of 26%. The net income of US depository receipts, which belonged to the company, was 1.02 U.S. dollars, up from $0.99 in the first quarter of 2011 and 0.79 in the second quarter of 2010. Non-United States General accounting standards attributable to the company's share of U.S. depository receipts is 1.04 U.S. dollars, higher than the first quarter of 2011 of 1.02 U.S. Dollars and 2010 the second quarter of 0.82 U.S. dollars. The net profit margin attributable to the company in the second quarter of 2011 was 52%, with 54% in the first quarter of 2011 and the second quarter of 2010.　　In the second quarter of 2011, the net profit margin of non-US GAAP was 53%, the first quarter of 2011 was 56%, and the second quarter of 2010 was 57%. Cash balance as at June 30, 2011, the Tour held a net cash of 398.3 million U.S. dollars, less than the 406.5 million U.S. dollars as at March 31, 2011. 2011The operating cash flow in the second quarter of the year was a net inflow of USD 66.6 million. Other latest developments to complete the acquisition of the Seventh Avenue majority Equity May 11, 2011, a tour completed the acquisition of Seventh Avenue 68.258% Equity. The transaction price includes a fixed cash price of USD 68.26 million and a floating extra cash pair up to a maximum of USD 32.76 million. The floating extra cash price will be paid in accordance with the phased performance targets agreed to in the two-year agreement reached in the Seventh Avenue as at December 31, 2012. Seventh Avenue is a web game developers, its independent research and development of the game "Pinball Hall" is the most popular multiplayer online shooting one of the web games.　　At present, "Pinball Hall" has been translated into 9 languages, has been in Vietnam, Taiwan, Brazil and other countries and regions operating. "The ancient domain" opened the public survey May 19, 2011, swims the first 2.5D Oriental Magic Cross class large-scale multiplayer online role-playing game "The ancient domain" to open the public test. Games to travel through the theme, leading players through modern time and space, back to more than 4,000 years ago in the ancient Chinese era. The game has 21 kinds of occupations, allowing players to play a variety of through identity, experience the fantasy of the ancient journey.　　Game agent from a domestic game research and development manufacturers. Tour agent of the U.S. Art Electric Company "Battlefield ol" swim with the world's leading digital interactive entertainment company signed the agreement, in China, the exclusive agent of its large number of online first-person shooting games "battlefield situation ol".　　Battlefield Series game is a classic computer first-person shooter game, "The battlefield ol" is the Battlefield series of the debut online game works. "The Deer Ding Kee" opens the public survey July 22, 2011, swims independently develops the 3D fantasy martial arts large-scale multiplayer online role-playing game "The Deer Ding Kee" opens the public test. The game uses the double engine development mode and the 3D rendering technology, leads the player to experience the movie feast-like visual enjoyment, has created the Jin Yong Martial arts pen to make and the fantasy fusion Grand game world. "Deer Ding kee" relies on the research and development of the entire server seamless connectivity technology, so that players first break through the limitations of a single server activities, free shuttle to other servers, and other server players to compete or interact, so that players in the infinite world to expand their social network.　　The game is the original server and server confrontation between the system, to the server camp for the unit for land, resources and in the infinite world of power. Business outlook for the third quarter of 2011, the tour is expected to be estimated at between 115 million and 118 million dollars.　　Among them, the net game income is estimated between 112 million dollars to 114 million dollars.　　Non-US GAAP is expected to be a net profit between 51 million and 52.5 million dollars to the company.　　It is expected that non-US GAAP is attributable to the company's share of US depository receipts in the United States, with a net income between USD 0.95 and USD 0.98. Assuming no longer grant new equity incentives, preThe cost of equity incentive is between USD 1 million to $1.5 million, and the net income from the US depository receipts, which belongs to the company, will be reduced by 0.02 to $0.03.　　Conference Call Information Cruise management will hold a conference call to discuss the results for the second quarter of 2011, 7 o'clock in the morning (that is, Beijing/Hongkong Time August 1, 2011 7 o'clock in the evening). Performance teleconference telephone access is as follows: U.S. access number: +1-866-271-0675 Hong Kong access number: +852-3002-1672 International access number: +1-617-213-8892 access password: cyou Please 10 minutes before the start of the conference call　　Call the phone number above to attend the meeting and enter the password when dialing. The playback of the conference call will be opened after the meeting at the end of August 1, after 10 o'clock, until August 8, 2011, listen to the number: International access number: +1-617-801-6888 Password: 51430869 at the same time, tour the company's website http:// Www.changyou.com/ir/will live on this conference call and can also visit this site to listen to the recordings of this conference call.