|
NetDragon Q2 Profits Weaken
Online game company NetDragon (0777.HK) reported profit for the first six months of 2009 of approximately RMB 66.4 million, down roughly 42.4% compared with the corresponding period last year. NetDragon's revenues in the period reached RMB 336.8 million, representing an increase of approximately 4.3% year-on-year, which the company attributed to the launch of self-developed a cartoon version of the turn-based online game Way of the Five, the company's crackdown on private servers for in-house developed 3D fantasy MMORPG Eudemons Online and the launch of several expansion packs during the period. The company noted that its second quarter revenue, at RMB 162.9 million, fell 6.3% quarter-on-quarter.
NetDragon's total peak concurrent users (PCU) was approximately 632,000 for the three months ended 30 June 2009, 9.3% lower on an annual basis and 9.1% lower sequentially.
|
