Mgame 2Q operating profit of W3.9bn… 20.9%↑
[operating profit Park Ye-jin reporter] Mgame (CEO Kwon Lee-hyung) announced on the 16th that it recorded sales of 13.3 billion won, operating profit of 3.9 billion won, and net profit of 3.9 billion won in the second quarter of this year. Operating profit rose 12.4% and operating profit by 20.9% compared to the same period last year, up to 20.9% YoY. Due to the low season, sales and profits fell slightly compared to the previous quarter.
In the first half of the year, the company achieved sales of W28.5bn, operating profit of W9.2bn, and net profit of W8.3bn. Sales and operating profit rose 16.4% and 44.8% compared to the first half of last year. Net profit dropped-18.6% due to the one-time profit in the first quarter of last year.
The company analyzed that it was driven by the Chinese revenue of ‘Hot Blood Kangho Online’, which is growing solidly in the first half and second quarter of 2022. The hot-blooded online opened a new server in June 10 due to continuous local users, and the extension of China’s service extension contracts on the 8th is $ 18.16 million (23.7 billion won), the highest contract amount.
China’s hot blood online will start with large-scale updates such as the addition of new maps and level expansion in August, and there are big season events such as the Mid-Autumn Festival, National Day, and Gwanggun Festival.
New games are also available. On the 11th, the global game platform Steam has been officially launched as partial paid model, Battle Stide: Gunma, through its own development mechanic third-person gun fighting game.
In the second half of the second half of the year, the company’s popular large-scale multi-contact role-playing game (MMORPG) ‘Hero Online’, the Weung Mix-based PC blockchain game, ▲ China’s local Tencent is in charge of the service ‘Ji Young-ju’, ▲ ▲ ▲ ▲ ▲ ▲ The company plans to launch the mobile MMORPG ‘Money M’, which is being developed based on its popular PC online game ‘Bridge’ intellectual property.
Kwon Lee-hyung, CEO of Mgame, said, In the second quarter of this year, even though China’s hot-blooded online is a low season for PC online games, sales and sales continue to rise compared to last year. It will be added to achieve more than last year.