Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

The9 Reports 2009 Net Loss of RMB 405 Mln

SEC, 4/20/10

Chinese online game developer and operator The9 (Nasdaq: NCTY) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2009 with the US Securities and Exchange Commission, with net revenues falling 55.6% to RMB 760.52 mln (USD 111.42 mln).

Net loss for the year was RMB 405.15 mln (USD 59.36 mln), compared to net income of RMB 96.84 mln in 2008.

The9's agreement with US-based game developer Blizzard Entertainment to operate World of Warcraft in Mainland China, which expired on June 7, 2009, accounted for 88% of total revenues in 2009.

As of December 31, 2009, The9 owned or had obtained licenses to operate the following games in mainland China:

GameDeveloper/LicensorDescriptionStatus
SUNWebzen3D MMORPGLaunched May 2007
GEHanbitsoft, IMC Games3D MMORPGLaunched November 2007
Jiu Zhou Zhan Ji (9zwar)The9Web gameLaunched April 2009
FIFA Online 2EA SportsCasual soccer gameLaunched May 2009
AtlanticaNdoors3D MMORPGLaunched June 2009
World of FighterThe92D MMORPGLaunched January 2010
Audition 2G10Casual dancing gamePreparing for beta testing
Kingdom Heroes 2 OnlineUserJoy3D MMORPGIn closed beta testing
Shen Xian ZhuanFirerain2.5D MMORPGPreparing for beta testing
Miracles: Ultimate X (MUX)The93D MMORPGIn development
Tiny TribeThe9Casual gameIn development

For the full annual report on Form 20-F, please click here.

Keywords: The9 2009 Internet loss NCTY profit online gaming WoW revenue fiscal report

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports