Perfect World's revenue and profit in the first half of the year increased by 75.64% compared with the same period last year.
on August 22nd, Perfect World released his financial report for the first half of 2017. According to the report, revenue in the first half of 2017 was 3.588 billion yuan, an increase of 1.443 billion yuan over last year, an increase of 69.68 percent over the same period last year. The net profit belonging to shareholders of listed companies was 670 million yuan, an increase of 288 million yuan over last year, or 75.64 percent over the same period last year.
on August 22nd, Perfect World released his financial report for the first half of 2017. According to the report, Perfect World's revenue in the first half of 2017 was 3.588 billion yuan, an increase of 1.443 billion yuan over last year, an increase of 69.68 percent over the same period last year. The net profit belonging to shareholders of listed companies was 670 million yuan, an increase of 288 million yuan over last year, and an increase of 75.64 percent over the same period last year.
strong > Games and movies both grow sharply / strong >
announcement shows that the revenue of the game business in the first half of 2017 was 3.07 billion yuan, compared with 1.848 billion yuan in the same period last year, an increase of 66.11% over the same period last year. The revenue of the film and television business was 517 million yuan, compared with 266 million yuan in the same period last year, an increase of 94.45 percent over the same period last year. Perfect World's game business revenue mainly benefits from the stable income contributed by classic game products, including traditional masterpieces such as "Zhu Xian" and Perfect World International Edition, as well as "DOTA2" e-sports game products operated by agents. In terms of mobile games, it benefits from products such as "Zhu Xian Mobile Game", "Torch Light", "final Fantasy" and "Heaven Sword and Dragon Sabre". In addition, the console game "No Winter OL" and "Star Trek" have also contributed stable overseas market income for Perfect World.
in terms of film and television, Perfect World has made great achievements in TV dramas, movies, variety shows and cinemas. The company produced a number of boutique TV dramas and online dramas in the first half of the year. Among them, "Deep Sea Sword" has been popular in Beijing Satellite TV and Zhejiang Satellite TV during the summer vacation, and has gained a good reputation. In terms of movies, the company's "extraordinary Mission" has been released and achieved good box office receipts and reputation; the film investment and strategic cooperation with Universal Pictures (Universal Pictures) is in progress according to plan; in June 2017, the company announced the establishment of perfect Weixiu Entertainment Group with Weixiu Entertainment Group and WME | IMG. In terms of variety, the company invested in the production of variety shows such as "yearning Life", "Happy Chinese" and "Crossing King 2", which won good reputation and ratings. In terms of cinema line, the company actively expands the cultural function of cinema, innovates the consumption mode of cinema scene, and constantly improves non-ticket income.
strong > more favorable factors can be expected in the second half of the year / strong >
it can also be seen from the announcement that Perfect World has many positive factors in the second half of 2017, and her overall performance is predictable.
in the game business, the company's classic game masterpieces continue to be highly profitable, while Perfect World is also actively laying out the younger operation of the classic IP to prolong the product life cycle. For e-sports, "Crossout" was tested in July 2017, and "CS:GO" is expected to be tested in the near future. Among the mobile game products, "shooting Heroes passing hand Tour" and "Dream Collection", as well as a number of boutique mobile games under development, will continue to increase Perfect World's share in the mobile game market. In terms of mainframe games, the company continues to open up the mainframe market with the help of the first-mover advantages accumulated by the mainframe version of "No Winter OL" and "Star Trek", and several console game products are under development. Film and video joint projects such as "Fire like Song", which cooperates with Jiaxing Media, is also progressing steadily. Perfect World has also maintained a continuous exploration and layout of the world's most advanced technologies, such as artificial intelligence and VR.
in terms of film and television business, Perfect World will launch more boutique content and count it into income in the second half of the year. The third season of "fantastic Dog Xiao Qi" will be available to the audience. In addition, the film and television works that have been filmed and are expected to invest involve the adaptation of well-known online novels, military, fantasy, martial arts, youth, urban and other types and themes. Among them, "Dongshan Sunny Snow", "Fire like Song", "Story of Soul Ferry", "Brave Heart 2", "Fire", "incense sinking into ashes like Frost", "coming back", "Dead Book of Xixia", "suddenly this summer", "while we are still young" and "ambition to fly high" have been started to produce.
in June 2017, Perfect World announced the establishment of perfect Weixiu Entertainment Group with Weixiu Entertainment Group and WME | IMG, which is committed to creating high-quality Chinese local films, while releasing "Machine Blood", "Decoder", "Shadow" and "when Xiao Qi meets Garfield" four film projects, Perfect World Film and Television's "international pan-entertainment" strategy has been further upgraded, which will also bring more revenue expectations for Perfect World's film and television business.
Edit: mary