Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Shanda Games posts record high earnings
Print Edition
SHANGHAI-BASED Shanda Games, China’s top game firm a decade ago, posted a record high annual profit as it tapped a booming mobile game business and new capital, Shanghai Daily learned during Chinajoy yesterday.
Shanda Games’ profit of 1.6 billion yuan (US$238 million) in 2016 was its highest since it was founded in 1999. The profit was boosted by the booming growth of mobile game titles like the Mir Mobile and the World of Legend Mobile.
“It’s the best time for us because we have top game titles, listed platform and overseas distribution channels,” Wang Ji, CEO of Shenzhen-listed Century Huatong, said during Chinajoy which ended yesterday.
Shanda Games’ six global research labs in Japan and South Korea contribute “US$100 to US$200 million” in overseas income annually, Wang said.
The company aims to develop top-level mobile games with strong intellectual property rights, which will create US$1 billion income annually.
By June, Century Huatong and related shareholders controlled 90.9 percent of Shanda Games which will probably be injected into the listed arm, said Wang.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
