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Giant Interactive Records Q2 Profit of 351 mln

Xinhua PRNewswire, 8/28/08

Chinese online game developer and operator Giant Interactive (NYSE: GA) has announced its unaudited financial results for Q2 2008, with net revenues reaching RMB 504.8 mln (USD 73.6 mln), up 36.3% year-on-year and 7% quarter-on-quarter.

Net income for the quarter came to RMB 350.6 mln (USD 51.1 mln), up 32.7% YoY and 3.5% QoQ.

During the quarter, combined active paying accounts (APA) for its online games ZT Online, ZT Online pay-to-play, and Giant Online, reached 1.76 mln, an increase of 41.0% YoY and 21.7% QoQ.

Average revenue per user (ARPU) for online games was RMB 285.9, down 3.2% YoY and 12.1% QoQ. Average concurrent users (ACU) for online games was 620,000, up 20.3% YoY and 13.4% QoQ. Peak concurrent users (PCU) for online games was 2.34 mln, up 118.1% YoY and 42.1% QoQ.

To see details of Giant's full report, please click here.

Keywords: fiscal report ACU APA ARPU GA Giant Giant Interactive pay-to-play PCU profit Q2 2008 revenue users ZT Online online gaming Internet

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