Gravitytai Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 05:23 pm EDT
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Gravitytai Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 15 million compared to TWD 82.5 million a year ago. Net loss was TWD 38.5 million compared to TWD 27.43 million a year ago. Basic loss per share from continuing operations was TWD 1.14 compared to TWD 0.85 a year ago.
For the six months, sales was TWD 58.2 million compared to TWD 192.45 million a year ago. Net loss was TWD 85.17 million compared to TWD 18.69 million a year ago. Basic loss per share from continuing operations was TWD 2.53 compared to TWD 0.58 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.