Perfect World Q2 2009 Net Profit Up 60% YoY
Perfect World PR, 8/10/09
Chinese online game developer and operator Perfect World (Nasdaq: PWRD) has announced its unaudited financial results for Q2 2009, with total revenues reaching RMB 521.3 mln (USD 76.3 mln), up 55.9% year-on-year and 22.6% quarter-on-quarter.
Net income for the quarter came to RMB 262.6 mln (USD 38.4 mln) , up 59.6% YoY and 21.9% QoQ.
Revenues for the quarter from online game operation were RMB 475.1 mln (USD 69.6 mln), up 58.7% YoY and 26.0% QoQ. Overseas licensing revenues were RMB 46.2 mln (USD 6.8 mln), up 32.0% YoY but down 3.75% QoQ.
The aggregate average concurrent users (ACU) for games under operation in mainland China was approximately 761,000, up 22.9% YoY and up 23.7% QoQ. Active paying customers (APC) for games operated in mainland China under the item-based revenue model were approximately 1.88 mln, up 22.7% YoY and 28.2% QoQ. Average revenue per active paying customer (ARPU) for games operated in mainland China under the item-based revenue model was RMB 237, up 61.6% YoY and 26.1% QoQ.
The company estimates Q3 2009 revenues to reach between RMB 547 mln and RMB 563 mln, representing a increase of 5% to 8% compared to the first quarter of 2009 and a 43% to 47% increase YoY.
To see Perfect World's full earnings report, please click here.
Keywords: guidance Perfect World ARPU Internet overseas profit revenue Q2 2009 ACU APC PWRD online gaming fiscal report
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