Perfect World's (PWRD) CEO Robert Xiao on Q2 2014 Results - Earnings Call Transcript

Aug. 19, 2014 4:24 AM ETPerfect World Co., Ltd. (PWRD)
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Perfect World Co., Ltd. (NASDAQ:PWRD) Q2 2014 Earnings Conference Call August 18, 2014 9:00 PM ET


Joanne Deng – Associate IR Director

Robert Xiao – CEO

Kelvin Lau – CFO


George Meng – Morgan Stanley

Natalie Wu – CICC

Eddie Leung – Merrill Lynch

Jialong Shi – Credit Suisse

Nick Ning – 86Research

Alicia Yap – Barclays

Thomas Chong – Citigroup

Wendy Huang – Standard Chartered


Hello, ladies and gentlemen. This is Raymond, and I'll be the operator for this conference call.

I would like to welcome everyone to Perfect World Company Limited's Second Quarter 2014 Earnings Conference Call. [Operator Instructions]

Now I would like to turn the call over to Ms. Joanne Deng, Associate Investor Relations Director at Perfect World. Ms. Deng, please proceed.

Joanne Deng

Thank you, operator, and thank you all for joining us today for Perfect World's second quarter 2014 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. Robert Xiao, our CEO, who will give us brief overview of the quarter and a brief update on our business. After that, Mr. Kelvin Lau, our CFO, will take us through some of our latest operational developments, and then our financial performance in the second quarter 2014. Following the prepared remarks, Mr. Xiao and Mr. Lau will be available to answer your questions.

Before we continue, please note that the discussion today will contain forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include, but are not limited to those

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