Gravity Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:28 pm EDT
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Gravity Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 206.589 million compared to TWD 16.714 million a year ago. Operating income was TWD 49.073 million compared to operating loss of TWD 3.357 million a year ago. Net income was TWD 49.090 million compared to net loss of TWD 3.949 million a year ago. Basic earnings per share was TWD 1.52 compared to basic loss per share of TWD 0.24 a year ago. For the half year, sales was TWD 373.849 million compared to TWD 38.649 million a year ago. Operating income was TWD 15.088 million compared to operating loss of TWD 5.178 million a year ago. Net income was TWD 14.500 million compared to net loss of TWD 5.885 million a year ago. Basic earnings per share was TWD 0.45 compared to basic loss per share of TWD 0.36 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.