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Perfect World Entertainment posts uptick in revenue and profits for third quarter

Perfect World Entertainment has reported Q3 FY 13 earnings of $136.2 million in revenue, compared to $114.2 million year-on-year. Profits came in at $19.8 million compared to $14.2 million year-over-year. The uptick in both sectors was attributed to Swordsman Online and Saint Seiya Online and the "successful launch" in North America and Europe of Cryptic's Neverwinter MMO. The firm's CEO Robert Xiao believes Dota 2, which Perfect World will operate in China, will provide significant financial gains in the future. Thanks, GI International.

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Stephany Nunneley-Jackson

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