Giant Networks 4th-quarter earnings: net profit of 197.8 million yuan

Keywords Giant Networks | Shi Yuzhu   Date Saturday, March 06, 2010   From Chinahourly    Views

According to Sina Technology Shanghai March 5, 2010 reported that a giant network of March 5 issued in 2009 4th quarter earnings report, quarterly financial report showed a net revenue of 276 million yuan quarter net profit of 197.8 million yuan. The maximum number of quarter-line (PCU) up to 1.391 million, the number of active paying accounts (APA) up to 1.138 million, the average number of concurrent players (ACU) 48.5 million, the chain showed a growth momentum.

Giant Network Board of Directors Chairman and CEO Shi Yuzhu, said: through the implementation of market segmentation strategy, is committed to innovation and games are played the game, the game quarter important data chain increased. "Journey" away with chest led to the second half of 2009 adversely affected the financial situation, but the four-quarter net profit remained stable.

Shi Yuzhu introduced since October 2009 packaging and testing, the "green journey" sought after by the Chinese online game players made pretty good level of ACU and PCU. "Journey" in this period, constantly improving and adding new features, and stability of the user base and attract players return to the old.

Shi Yuzhu said that the giant network through the journey of continuous product research and development, and actively develop new products, through to win in the Giants plans to seek co-operation to seek opportunities in growth momentum of foreign agents. More recently, together with the Astrum Nival the "journey" into the Russian market, and through exclusive license to operate in China, "Allods Online" to further expand the product line.

Shi Yuzhu said that "journey" series of games to keep healthy development, coupled with the upcoming 2010, a number of new products, I believe the first quarter of 2010, the year will lay a good foundation, thereby restoring to the sustained and steady growth trend.

Showed a profit, as of December 31, 2009, a giant network of cash, cash equivalents total value of 5.399 billion yuan.

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