Perfect World Co., Ltd. (Nasdaq: PWRD) (\"Perfect World\" or the \"Company\"), a leading online game developer and operator in China, today announced that it expects revenue for the second quarter of 2008 to be between RMB333 million and RMB348 million, which represents a sequential increase of 10% to 15%. This compares to the previously announced guidance of a 0% to 5% increase in revenue. Despite the impact of the Sichuan earthquake, the Company is able to raise guidance due to stronger than expected results from the launch of new expansion packs in the domestic market and favorable results from recent marketing campaigns.
Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World, commented, \"Our second quarter is tracking well and we believe our results will come in ahead of our previous expectations.
- Published: 13 June 2008
- Written by Editor