Get Our Weekly Email Newsletter
I.T. Skills In Your China Business!IPS works with institutions and corporate clients to deliver computer skills training and ICT solutions, as well as internal assessments and benchmarking. More Info Here...
Distribute Press Releases To Chinese Media!Getting your company's message to journalists is important in China and ChinaNewswire.com can assist you in English-language releases and Xinwengao.com can provide Chinese-language distribution services. Corporate press releases are the most cost-effective way for you to connect with your customers and stakeholders in China!
Vietnam Mobile & Broadband International Summit 2010 @ Hanoi - 2010/03/25
China Mobile Internet Summit 2010 @ Beijing - 2010/04/07
Green Fuels & Vehicles China 2010 @ Shanghai - 2010/04/08
TETRA World Congress @ Singapore - 2010/05/25
Global Mobile Internet Conference 2010 @ Beijing - 2010/05/27
NGMN Industry Conference 2010 @ Shanghai - 2010/06/02
Prepaid Mobile North Asia 2010 @ Shanghai - 2010/06/22
Let us work with you in China to manage your email marketing campaigns, loyalty marketing programs, email newsletters, and digital marketing efforts while we improve your email deliverability in China. Our software and staff can help your company stay #1! Visit XZList.com
Profits Fall For Shanda's Chinese Game Operations
May 28, 2008 |
Print
| 
Email
| 
Comments | Category: Business
Chinese game developer Shanda's (SNDA) unaudited consolidated financial results for the first quarter ended March 31, 2008 show net income dropped to CNY288.8 million, down from CNY448.8 million in the first quarter of 2007 and CNY292.6 million in the fourth quarter of 2007.
Shanda reported net revenues of CNY779.8 million, representing an increase of 46.5% from CNY532.3 million in the first quarter of 2007 and 9.2% from CNY714.2 million in the fourth quarter of 2007. Specifically, online game revenues, including MMORPGs and casual games, were CNY757.4 million, an increase of 50.0% from CNY505.0 million in the first quarter of 2007 and 10.0% from CNY688.4 million in the fourth quarter of 2007.
Gross profit for the first quarter of 2008 was CNY542.1 million, a 56.2% increase from CNY347.0 million in the first quarter of 2007 and a 13.1% increase from CNY479.3 million in the fourth quarter of 2007.
Operating income for the first quarter of 2008 was CNY312.1 million, representing a 39.0% increase from CNY224.5 million in the first quarter of 2007 and a 11.9% increase from CNY278.9 million in the fourth quarter of 2007.
Recommend this page: 
Loading ...Leave A Comment:
-
Gadgets & Electronics
- Founder To Promote Copyright Pricing Standards For E-books In China
- Motorola Android Phones Go For Microsoft's Bing Search Engine In China
- NGMN Alliance Announces NGMN Industry Conference & Exhibition 2010 in Shanghai, China
- China Unicom Unveils Its First Android Wi-Fi Customized Smartphone
- Chinese Consumers Complain About HP's Products
-
Internet
-
Law & Policy
Copyright 1999-2010 ChinaTechNews.com. All Rights Reserved.
If you would like to syndicate these articles and posts for personal non-business use where you will not gain in any monetary way, please utilize the RSS feed for this online publication, which provides a brief summary of each post with a link back to the original article. Posting of any other part of the articles or posts on this website, in whole or in part, is expressly prohibited without express written permission from ChinaTechNews.com. No part of this website may be copied, transferred, posted, or published without the express written permission of ChinaTechNews.com or its registered agents. Content on this website, including articles, opinions, and data are protected under international copyright laws. Failure to comply with these rules will result in legal action. 