Perfect World Q1 2009 Net Profit Up 36% YoY
PR Newswire, 5/18/09
Chinese online game developer and operator Perfect World (Nasdaq: PWRD) has announced its unaudited financial results for Q1 2009, with total revenues reaching RMB 425.1 mln (USD 62.2 mln), up 40.2% year-on-year and 1.8% quarter-on-quarter.
Net income for the quarter came to RMB 215.4 mln (USD 31.5 mln) , up 36.1% YoY and 72.6% QoQ.
Revenues for the quarter from online game operation were RMB 377.2 mln (USD 55.2 mln), up 42.6% YoY and 4.0% QoQ. Overseas licensing revenues were RMB 48.0 mln (USD 7.0 mln), up 24.0% YoY but down 13.1% QoQ.
The aggregate average concurrent users (ACU) for games under operation in mainland China was approximately 615,000, down 6.8% YoY and 10.9% QoQ. Active paying customers (APC) for games operated in mainland China under the item-based revenue model were approximately 1.46 mln, down 13.9% YoY and 5.3% QoQ. Average revenue per active paying customer (ARPU) for games operated in mainland China under the item-based revenue model was RMB 244, up 61.6% YoY and 8.4% QoQ.
The company estimates Q2 2009 revenues to reach between RMB 417 mln and RMB 434 mln, representing a decline of 2% to an increase of 2% compared to the first quarter of 2009.
To see Perfect World's full earnings report, please click here.
Keywords: ACU APC ARPU Internet Perfect World PWRD Q1 2009 revenue fiscal report online gaming profit free-to-play
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