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Old 03-21-2009, 00:50   #1
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NetDragon 2008 Net Profit Down 36% I wonder why...

well this says it all they so focused on everything related to buying dbs and all the cp, shopping mall updates last year that it hurt them big time. add more gameplay, related stuff so theres more to do (not focused on db buying and it should improve..

NetDragon 2008 Net Profit Down 36%

Netdragon, 3/12/09

Chinese online game developer and operator NetDragon (0777.HK) has issued its earnings report for Q4 2008, with consolidated revenues reaching RMB 136.5 mln, down 28.9% year-on-year. 2008 full-year consolidated revenues fell to RMB 596.0 mln, a decrease of 7.6% over the 2007 figure.

Net income for the quarter came to RMB 73.2 mln, up 44% QoQ. Net income for fiscal year 2008 decreased 36% YoY to RMB 239.4 mln.

Peak concurrent users (PCU) for all games for the quarter came to 591,000, down 25% YoY. Average concurrent users (ACU) for all games came to 317,000, down 22%.

Online game revenues for 2008 derived from mainland China were approximately RMB 446.4 mln, down 14.9% YoY. Revenue derived from overseas markets amounted to approximately RMB 149.6 mln, up 24.1% YoY.

view article

or http://www.marbridgeconsulting.com/m...profit_down_36
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Old 03-21-2009, 01:05   #2
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cuz tq sux

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Old 03-21-2009, 01:07   #3
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cuz tq sux

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Old 03-21-2009, 01:08   #4
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Old 03-21-2009, 01:08   #5
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Old 03-21-2009, 02:31   #6
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I like bacon.
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Old 03-21-2009, 03:10   #7
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Am i reading it wrong, or were their non-chinese incomes up by 24.1%

Would kinda ruin the point of this thread.
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Old 03-21-2009, 03:28   #8
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Am i reading it wrong, or were their non-chinese incomes up by 24.1%

Would kinda ruin the point of this thread.
You're doing it right.
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Old 03-21-2009, 03:57   #9
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thought so.

They released DB sales in Egypt recently though.. be interesting to see if once the buying frenzy dies down some, whether their non-chinese online revenues drop in form with seemingly every other area of their business.
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Old 03-21-2009, 08:03   #10
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One cant really tell too much from this information. Netdragon has so many games and this just is not Conquer specific.
here is the 3rd qtr report from their site

http://file.download.91.com/down/Net...(081119)_e.pdf



and here is a page telling of some of their other activities
http://www.jlmpacificepoch.com/secto...n&ks=NetDragon

it has things such as

Chinese online game company NetDragon (777.HK) reported profit of RMB 73.2 million, up 43.8% quarter-on-quarter, for the fourth quarter of 2008. Revenues were RMB 136.5 million, down 28.9% year-on-year and flat compared to the previous quarter

http://www.jlmpacificepoch.com/newss...143249_0_5_0_M says
NetDragon had 2,426 employees, including 1,465 development team staffers, by December 31, 2008.

Just a couple years ago it was 1000


Their year end report might have some specific on Conquer, but even that might not separate out the English speaking versions.
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Old 03-21-2009, 08:27   #11
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EO makes all their money. EO is so popular that they license it to different countries. Their profit cannot be going down.
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Old 03-21-2009, 08:58   #12
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Ever heard of a global recession?
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Old 03-21-2009, 09:04   #13
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no, is the everyone getting smaller?
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Old 03-21-2009, 09:09   #14
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no, is the everyone getting smaller?
Semantics, but game companies in America are failing at this moment as well. Kinda sad, they have record sales but the companies are losing more money than ever.
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Old 03-21-2009, 09:55   #15
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TQ has a winning plan and they use it everything at least on co , once DB sales start to sag beyond an acceptable point the release something else for the bulkers to burn dbs on, hence the talismans ansd you can be there willbe a way to burn DBs on the mounts when and if we ever get them
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