Gravity Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 01:40 pm EDT
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Gravity Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 167.260 million compared to TWD 21.935 million a year ago. Operating loss was TWD 33.985 million compared to TWD 1.821 million a year ago. Net loss was TWD 34.590 million compared to TWD 1.936 million a year ago. Basic loss per share was TWD 1.07 compared to TWD 0.12 a year ago.
Gravitytai Co Ltd, formerly Join Well Technology Co Ltd, is a Taiwan-based company mainly engaged in the provision of integrated marketing and public relations services, as well as mobile game agency and operation businesses. The Company is mainly engaged in the provision of advertising, product design, brand packaging and event execution and other related cultural and creative services, as well as mobile game agency business. The Company is mainly engaged in the development of game agency rights in Taiwan, Hong Kong, Macao and other places to provide players with a variety of choices. The advertising business mainly provides advertising services to corporate advertisers. The mobile game agency business mainly provides products in the category of mobile games.
GRAVITYTAI CO.,LTD. 
