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Perfect World


About Perfect World

Perfect World Co., Ltd. (Nasdaq: PWRD) is a leading online game developer and operator in China. Perfect World primarily develops three-dimensional ("3D") online games based on the proprietary Angelica 3D game engine and game development platform. The Company's strong technology and creative game design capabilities, combined with extensive local knowledge and experience, enable it to frequently and rapidly introduce popular games that are designed to cater to changing customer preferences and market trends in China. The Company's current portfolio of self-developed online games includes 3D massively multiplayer online role playing games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," "Chi Bi" and "Pocketpet Journey West;" and a 3D online casual game: "Hot Dance Party." While most revenues are generated in China, the Company's games have been licensed to leading game operators in a number of countries and regions in Asia, Europe and South America. The Company plans to continue to explore new and innovative business models and remains deeply committed to maximizing shareholder value over time.

Perfect World launched "Legend of Martial Arts" in Thailand in October 2008 and "Zhu Xian" in Japan in November 2008 through respective overseas operators. The company launched "Horseback Fighters" expansion pack for "Chi Bi" on October 23, 2008. It entered into a new overseas licensing agreement in October2008 with C&C Media Co., Ltd. to license "Chi Bi" in Japan.

Financials

According to unaudited financial results for the third quarter ended September 30, 2008, the company's total revenues are RMB381.8 million (USD56.2 million), Gross profit was RMB 334.5 million (USD 49.3 million), Operating profit was RMB 200.0 million (USD29.5 million) and Net income was RMB 198.8 million (USD29.3 million).

Timeline

  • March 1, 2010 - Perfect World Announces Fourth Quarter and Fiscal Year 2009 Unaudited Financial Results
  • March 26, 2010 - Perfect World Announces Agreement to Acquire C&C Media
  • May 7, 2010 - Perfect World Announces Change of Board of Directors

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