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Kakao Games Q4 Net Loss Narrows, Operating Loss Widens

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Kakao Games Corp. (293490.KQ), an online game service platform, reported Wednesday narrower net loss in its fourth quarter, while operating loss widened, amid weak sales.

In the quarter, net loss attributable to shareholders of parent company was 84.77 billion won, narrower than last year's 96.39 billion won.

Operating loss was 13.09 billion won, compared to loss of 3.95 billion won last year

Sales dropped 25.77 percent to 98.89 billion won from 133.22 billion won last year.

In South Korea, the shares were gaining 0.13 percent, trading at 15,820.00 won.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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