SHANDA SAID NET PROFITS TO KEEP CLIMBING IN Q2
AsiaInfo Services, May, 2007
AsiaInfo Services 05-28-2007 Shanda Said Net Profits to Keep Climbing in Q2 SHANGHAI, May 28, 2007 (SinoCast via COMTEX) -- Shanda Interactive Entertainment Ltd., one of the leading online game operators in China, forecast that it would get USD 70.9 million to USD 72.9 million of net profits in the second quarter of 2007, rising 3% to 6% from last quarter. The Nasdaq-listed company has just issued its financial report for the first quarter of this year.
From January to March of 2007, net income of the company surged by 13.1% from the previous three months or 55.9% from the year-ago period to CNY 532.3 million or USD 68.8 million. The remarkable performance, which went far beyond expectation from Wall Street analysts, set a record-high profit in a single...
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