Shanda revenues jump 42.7%

Shanda Interactive Entertainment has reported that its consolidated net revenues increased 42.7 per cent year-on-year to CNY 936.5 million (USD 136 million).

This represents a quarter-over-quarter growth of 11.8 per cent, compared with Shanda's earlier predictions of growth between 6 per cent and 9 per cent. The Chinese publisher also reported that operating income increased 50 per cent since the same period last year to CNY 381.5 million (USD 55 million).

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