Perfect World Posts Surge In Q4 Revenue; Shares Jump 27% In Pre-Market Trading
Shares of Perfect World Co Ltd (NASDAQ: PWRD) jumped about 27% in pre-market trading after the company reported a 32% surge in its fourth-quarter revenue.
Perfect World's net income attributable to shareholders climbed to 260 million yuan ($41.3 million), or 5.45 yuan (87 cents) per ADS, from 125.2 million yuan, or 2.36 yuan per ADS, in the year-ago period. Excluding items, Perfect World earned 5.94 yuan (94 cents) per ADS.
PWRD shares jumped 27.09% to $15.95 in pre-market trading.
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