DoubleU Games reports 20% drop in Q3 earnings
Published: 12 Nov. 2024, 09:57
DoubleU Games on Tuesday reported its third quarter net income of 40.9 billion won ($29.1 million), down 20.4 percent from a year earlier.
The company said in a regulatory filing that it posted 59.5 billion won in operating profit for the quarter, compared to 54.1 billion won a year ago. Sales rose 10.3 percent to 154.1 billion won.
The operating profit was 7.9 percent lower than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available.
Yonhap
with the Korea JoongAng Daily
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