23 August 2019

Giant Interactive 4Q net profit up 146.2%, Sina says

Chinese online game operator Giant Interactive Group Inc. posted a 146.2 percent increase in net profit to 203.6 million yuan (US$33.6 million) in the fourth quarter from a year earlier, reported Thursday, citing a company statement. The figure is 42.8 percent lower than in the previous quarter. Net revenue came in at 604.6 million yuan, up 5.8 percent year on year. In the last year, unaudited net profit was 1.25 billion yuan, up 26.1 percent, while net revenue increased 9.5 percent to 2.36 billion, the report said.

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