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China Earnings Analysis: 
Shanda Games Net Rises 7%
Author: Trupti Mehta
123jump.com
Last Update: 7:47 AM ET June 02 2010


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Shanda Games Limited first quarter revenues rose 10% to 1.14 billion yuan and net profit rose 7% to 329.0 million yuan or 0.57 yuan a share.

 
7:45 PM Hongkong, China - Shanda Games Limited revenue rose 10% and net profit rose 7%.

Shanda Games Limited, an online game company reported first quarter revenues rose 10% to 1.14 billion yuan from 1.04 billion yuan a year ago. Net profit in the quarter rose 7% to 329.0 million yuan or 0.57 yuan per diluted share compared to net profit of 308 million yuan or 0.56 yuan per share a year ago
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