May. 30, 2012 (China Knowledge) - Perfect World Co Ltd<PWRD>, a China
-based online game company, has posted RMB 209.8 million or US$33.3 million-net profit attributable to shareholders for Q1 2012, reflecting a YoY decline of 20% from RMB 263.7 million.
In the reporting period, the Nasdaq-listed firm's non-GAAP net profit attributable to shareholders was RMB 231.6 million, less than RMB 289.5 million it realized in the first quarter of last year.
During the Q1 2012, the company's diluted earnings per American Depositary Share were RMB 4.38, compared with RMB 4.99 in the same period of 2011.
Total revenues for Q1 2012 reached RMB 718.5 million, unchanged compared with that of the corresponding period of last year.
Gross profit totaled RMB 591.4 million in the first quarter, with gross margin of 82.3%.
As of Mar. 31, 2012, the company had RMB 1.4 billion in cash, whereas it had RMB 2.2 billion at the end of last year.
For Q2 2012, Perfect World expects its total revenues to be in the range of RMB 647 million and RMB 683 million.