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China's Leading Game Operators See Profit in Q2.

SinoCast China IT Watch

| August 23, 2006 | COPYRIGHT 2008 Sinocast LLC. (Hide copyright information)Copyright

(From SinoCast China IT Watch)

BEIJING, August 24, SinoCast -- NetEase, Shanda, and The9, China's three leading cyber game operators, recently released their financial results for the second quarter of 2006 in succession, which reveal that while seeing profits in the quarter, all of them were faced with problems.

On August 10, The9 (Nasdaq: NCTY) took the lead in announcing the unaudited financial results for the second quarter of this year, posting net operating income of USD 32.2 million, up by 21 per cent over the previous quarter and 363 per cent over the same period of last year, and net profit of USD 10.5 million, a rise of 43 per cent over the …

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