Perfect World released its Q1 2023 financial report. Revenue stood at 1.904 billion RMB, a year-on-year decrease of 10.55%, while net profit attributable to shareholders plunged by 71.28% to 241 million RMB.
The company attributed the decline to two main factors: high non-recurring income from the sale of overseas subsidiaries in the same period last year, and the natural revenue stabilization of its core title, 'Tower of Fantasy', as it moved past its initial launch hype into a mature lifecycle. Game-related net profit dropped by 37.58% to 278 million RMB.
Community members reacted with skepticism, mocking the 'art of corporate language' used to explain the decline. Discussions also ignited over whether certain prominent influencers (referred to as 'Brother Feng' by fans) are pivoting their stance or distancing themselves from the game's current performance to avoid controversy.
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