Perfect World falls as co. sees quake impacting 2Q

The online gaming company's American Depositary Shares fell $3.05, or 9.7 percent, to $28.25. Since the company began trading publicly in July, it has traded between $17.40 and $37.

Perfect World said its profit rose to 158.4 million yuan ($22.6 million) from 40 million yuan.

The company earned 2.67 yuan (38 cents) per ADS, compared with 0.82 yuan per ADS in the year-ago quarter. Perfect World calculated its per-share earnings with a much greater number of shares in the more recent quarter.

The company's revenue more than tripled year over year, rising to 303.2 million yuan ($43.2 million) from 87.2 million yuan, helped by growth in both online game operation and overseas licensing revenues.

Analysts polled by Thomson Financial expected a profit of 35 cents per share on $39.4 million in revenue.

Online game operation revenue more than tripled, climbing to 264.5 million yuan ($37.7 million) from 76.6 million yuan. This was due mostly to the launch of the game "Chi Bi" and expansion packs for current games, as well as to a marketing campaign for the game "Perfect Festival."

Overseas licensing revenue almost quadrupled, rising to 38.7 million yuan ($5.5 million) from 10.6 million yuan.

The company said that based on a service disruption from May 19 to May 22 for a national mourning period for victims of the earthquake and the quake's impact on its Sichuan operations, it expects second-quarter revenue of 303 million yuan ($43.4 million) to 318 million yuan ($45.5 million).

Analysts expect $42.8 million in revenue.