perfect world co-spon adr (PWRD) Snapshot

Perfect World Co., Ltd. Presents at AAMA Silicon Valley Annual Connected Consumer Conference, Jun-07-2013 02:45 PM. Venue: San Francisco Design Center, 600 Townsend Street, San Francisco, CA 94103, United States. Speakers: Bill Wang, VP.

Perfect World Co., Ltd. reported unaudited consolidated financial results for the first quarter ended March 31, 2013. Total revenues were RMB 624.5 million as compared to RMB 718.5 million reported a year ago. Operating profit was RMB 133.1 million as compared to RMB 234.8 million reported a year ago. Excluding the share-based compensation charge and the goodwill impairment, non-GAAP operating profit was RMB 149.8 million as compared to RMB 256.6 million reported a year ago. Net income attributable to the company's shareholders was RMB 131.0 million or RMB 0.54 per diluted share as compared to RMB 209.8 million or RMB 0.88 per diluted share reported a year ago. Excluding the share-based compensation charge and the goodwill impairment, non-GAAP net income attributable to the company's shareholders was RMB 147.6 million as compared to RMB 231.6 million reported a year ago. Basic and diluted earnings per American Depositary Share were RMB 2.70 and RMB 2.69, respectively, as compared to RMB 4.52 and RMB 4.38, respectively, reported a year ago. Excluding the share-based compensation charge and the goodwill impairment, non-GAAP basic and diluted earnings per ADS were RMB 3.05 and RMB 3.03, respectively, as compared to RMB 4.99 and RMB 4.83, respectively, reported a year ago. Profit before tax was RMB 167.27 million compared to RMB 255.81 million reported a year ago. Based on the company's current operations, total revenues for the second quarter of 2013 are expected to be between RMB 656 million and RMB 687 million, representing an increase of 5% to 10% on a sequential basis. This takes into consideration the anticipated additional revenue contribution from the recent launches of "Saint Seiya Online" in China and "Neverwinter" in the U.S. and Europe.

Perfect World Co., Ltd., Q1 2013 Earnings Call, May 28, 2013