Gravity Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 06:01 am EDT
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Gravity Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was KRW 238,894 million compared to KRW 96,519 million a year ago. Net income was KRW 45,016 million compared to KRW 17,465 million a year ago. Basic earnings per share from continuing operations was KRW 6,478 compared to KRW 2,513 a year ago.
For the six months, revenue was KRW 403,841 million compared to KRW 185,126 million a year ago. Net income was KRW 81,482 million compared to KRW 33,896 million a year ago. Basic earnings per share from continuing operations was KRW 11,726 compared to KRW 4,878 a year ago.
Gravity Co., Ltd. is a developer, distributor and publisher of online games in Japan and Taiwan. The Company's segments include online games, mobile games and other. Its principal product includes Ragnarok Online, which is a multiplayer online role playing game. It categorizes products into over three categories, such as online games; mobile games and applications, and other games and game-related products and services, including character-based merchandise and animation. It offers over five online games, such as Ragnarok Online, Ragnarok Online II, Requiem, Dragonica (Dragon Saga) and R.O.S.E. Online, which are action adventure massively multiplayer online role-playing games (MMORPG). It develops mobile games, including Ragnarok Online-Uprising: Valkyrie, Ragnarok Online Mobile Story and Ragnarok Violet, and also publishes mobile games licensed from third parties. It provides games for game consoles and handheld game consoles, such as Nintendo DS, Xbox 360 and the PlayStation series.
GRAVITY CO., LTD. 
