Perfect World Entertainment Posts Q2 2014 Finances


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Perfect World Entertainment has posted their second quarter income for 2014 and the results are looking pretty good. For the second quarter, total revenues amounted to $149.6 million USD, an increase by about 4% over last quarter. Gross profit similarly increased by a small margin to $109.4 million with operating profit decreased nearly 30% to $20.7 million. CEO Robert Xiao attributed much of the increase in revenue to the success of client-based games like Swordsman Online and the publishing of Dota 2 in China.

Expenses rose in the second quarter due to an increase in sales and marketing as well as research and development. For the next quarter, Perfect World Entertainment expects an increase in revenue between 3-8%.

(Source: Perfect World Entertainment)