Gravitytai Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 05:57 pm EDT
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Gravitytai Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 43.2 million compared to TWD 109.95 million a year ago. Net loss was TWD 46.67 million compared to net income of TWD 8.74 million a year ago. Basic loss per share from continuing operations was TWD 1.38 compared to basic earnings per share from continuing operations of TWD 0.27 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.