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Perfect World Company's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Perfect World Company, Ltd. (PWRD)

Q2 2012 Earnings Call

August 27, 2012, 09:00 pm ET


Joanne Deng - IR Manager

Michael Chi - Chairman & CEO

Robert Xiao - SVP

Vivien Wang - VP, IR & Corporate Communications

Kelvin Lau - CFO


Mark Marostica - Piper Jaffray

Eddie Leung - Merrill Lynch

Muzhi Li - Citigroup

Timothy Chen - Morgan Stanley

Jin Yoon - Nomura

Adam Krejcik - Roth Capital Partners

Andy Yeung - Oppenheimer

Thomas Chong - BOCI

Martin Bao - CICC

Atul Bagga - Lazard Capital



Ladies and gentlemen, thank you for standing by and welcome to the Perfect World 2012 Q2 earnings conference call. At this time, all participants are in a listen-only mode. (Operator Instructions) I must advise you this conference is being recorded today 28th of August, 2012.

I would now like to hand the conference over to your first speaker today, Ms. Joanne Deng, Investor Relations Manager for Perfect World. Please go ahead, Ma’am.

Joanne Deng

Thank you operator and thank you everyone for joining us today for Perfect World’s second quarter 2012 earnings release conference call. We distributed our unaudited earnings release earlier today. You may find a copy of the press release on our official website or through the newswires.

Today, you will hear from Mr. Michael Chi, our Chairman and CEO, who will give us a brief overview of the quarter and will make an important announcement of the company. After that we’ll provide a brief update on our business. Then Ms. Vivien Wang, our Vice President of Investor Relations and Corporate Communications will take us through some of our latest operational developments. And then she will pass the call to Mr. Kevin Launch, our CFO, who’ll take you through our financial performance in the second quarter of 2012. Following the prepared remarks, Mr. Chi, Mr. Lau and Ms. Wang would be available to answer your questions.

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