Perfect World releases its third quarter report: The company achieved a revenue of 1.736 billion yuan

On October 27th, Perfect World released its financial report for the third quarter of 2023. According to the financial report, in the third quarter of this year, the company achieved a revenue of 1

On October 27th, Perfect World released its financial report for the third quarter of 2023. According to the financial report, in the third quarter of this year, the company achieved a revenue of 1.736 billion yuan and a net profit attributable to the parent company of 235 million yuan. So far, in the first three quarters of this year, the revenue was 6.196 billion yuan, an increase of 8.48% compared to the same period last year, and the overall net profit attributable to the parent company was 615 million yuan.

In the first three quarters of this year, the Perfect World gaming business achieved a net profit of 641 million yuan after deducting non recurring gains and losses, a decrease from the same period last year. The main reason is that objectively, this year's industry's new game blockbusters have been released intensively, which has caused a certain squeeze on the existing game market space; However, due to the impact of the product development cycle, the company has launched fewer new games in the first three quarters. At the same time, the flow of online games naturally decreases with the lifecycle, and the performance contribution decreases compared to the same period last year.

At present, Perfect World is steadily advancing plans for the production, testing, and launch of game reserve products. Our self-developed mobile game products, such as "Goddess's Tale: Night Shadow," "One Fist Superman: The World," "One Million Arthur: The Ring," "Light Ink Water Cloud Township," "Demon Continent 2," "Immortal 2," and "Code name: New World," are actively being developed. In terms of end game products, "Zhu Xian World" and "Perfect NewWorld" are expected to launch a new round of testing in the near future; In addition, the original IP anime urban theme open world adventure game, the original IP anime fantasy theme open world game, and the domestic science fiction animation "Linglong" IP multiplayer open world game are also steadily advancing.

The above rich game reserve products focus on the two core tracks of "MMO+X" and "Card+X", covering a variety of types. New elements such as anime and open world are added to the design of art style and play method, which is expected to continue the breakthrough of innovative categories and excellent market performance brought by Fantasy Tower, and accelerate the transformation and upgrading of game business. At the same time, Perfect World is actively exploring more application scenarios of AI technology in game development, distribution, and operation, further improving research and development efficiency and optimizing player experience.

On October 2nd, the Chinese team won the gold medal in the electronic sports event "Knife Tower" at the Hangzhou Asian Games. As a Chinese operator of "Knife Tower", Perfect World has fully supported and cooperated with the Asian Organizing Committee and the General Administration of Sport in athlete selection and preparation work since its preparation. It has completed the selection of the training team at the Perfect World Esports Center in Yangpu District, Shanghai. The excellent performance of the "Knife Tower" project at the Asian Games and the recent series of large-scale esports events such as the Knife Tower International Invitational TI12 have significantly increased the number and activity of online players in "Knife Tower".

At the end of this year, Perfect World will hold the third "Anti Terrorism Elite: Global Offensive" Asian Invitational, continuing to promote esports to the international stage. The Perfect World will place greater emphasis on the accumulation of competitive spirit, cultural heritage, and spiritual connotations in competitions, and continue to promote the internationalization of Chinese excellent culture through esports, highlighting the integration value and positive social value of esports.

In terms of film and television business, Perfect World continues to adhere to the creative philosophy of "boutique, diverse, and innovative". This year, it has launched multiple TV dramas with high popularity and double harvest, including "Star Falling into Sugar", "Dreams Come True", "Yunxiang Biography", "Warm and Sweet", "Heart Protecting", "Days of Chasing Light", and "Secret Service Tasks". In addition, dramas such as "Welcome to Maile Village", "Only This Jianghu Dream", "Red Heat", "Dangerous She 2", "Executive Board", "Happy Grass", and "Nine Bullet Holes" are currently being produced, distributed, and broadcasted, and will continue to meet with audiences in the future.

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