May 12th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »
Korean mobile games publisher Gamevil has reported KRW3.37 billion in profits for the first quarter of 2010. Next to a record profit for the company, it also reported record revenues.
With a profit of KRW3.37 billion, Gamevil has seen a 99% year-on-year increase which is spectacular for any company in the industry. The total revenue calculated KRW6.3 billion which is also about 52% up year-on-year.The main revenue drivers where Baseball Superstars and Zenonia.
“Opportunity for growth in the global market through open markets such as Apple’s App Store has been a big momentum. We will continue promptly adapt to the rising base of advanced mobile platforms and deliveries through digital distribution.” Said Yong Kuk Lee, CFO Gamevil.
