Giant Interactive Group Q3 Profit Rises - Quick Facts

Giant Interactive Group, Inc. (GA) reported net income attributable to the company's shareholders for the third quarter of RMB197.7 million or US$29.0 million, compared to RMB134.1 million in the year-ago quarter. On per share basis, net income was RMB0.84 or US$0.12 per American Depositary Share or ADS, compared to RMB0.54 per ADS in the same quarter last year.

Non-GAAP net income attributable to the company's shareholders was RMB205.4 million or US$30.1 million, compared to RMB148.2 million in the third quarter 2008. Non-GAAP earnings per ADS were RMB0.88 or US$0.13, compared to RMB0.59 in the third quarter of last year.

Net revenue for the quarter was RMB290.2 million or US$42.5 million, compared to RMB212.5 million in the third quarter 2008. in the prior-year quarter.

On average, analysts polled by Thomson Reuters expected the company to earn $0.12 per share, on revenues of $41.57 million for the quarter. Analysts estimates typically exclude special items.

by RTTNews Staff Writer

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