SHANDA PROFITS JUMP 200% TO CNY 529.2MN IN 2006
AsiaInfo Services, February, 2007
AsiaInfo Services 02-15-2007 Shanda Profits Jump 200% to CNY 529.2mn in 2006 SHANGHAI, Feb 15, 2007 (SinoCast via COMTEX) -- Shanda Interactive Entertainment Limited, a leading interactive entertainment media company in China, accomplished CNY 529.2 million in net profit by December 31, 2006, swelling by more than 200% compared with CNY 165.3 million in 2005.
Its net operating revenues was CNY 1.6545 billion, according to Shanda's financial report for fiscal year 2006. Shanda that has successfully moved the main business to operation of free online game will debut 16 new online games in 2007, said its chairman and CEO Chen Tianqiao. It got net operating revenues of CNY 470.6 million in the October-December period of 2006, jumping 30.5% over the earlier year;...
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