August 10th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »
Gamevil has reported a rise of sales of 25% year-on-year for the second quarter, resulting in 6.72 billion Won in revenues. 3.4 billion won was registered as net profit, up 29% year-on-year.
Over the first six months, the company registered 13.02 billion won in sales. Net income over those months was 6.77 billion Won (up 57%). The total profit margin was 52%.
“We”re extremely happy with our continuous growth with high margins.” said Yong Kuk Lee, Chief Financial Officer. “International sales have been strong through distribution of Apple”s App Store and Google”s Android Market, while we maintain the leading position in the domestic market.”
