Kakao Games Corp293490
▼ NegativeCapitalrelevance
Widened net loss and operating loss, with sales decline, reported in Q2 results.
Impact on stocks 1
Information Technology
Kakao Games CorpKakao Games Corp. reported a widened net loss of KRW 49.03 billion for the second quarter, compared with a loss of KRW 26.12 billion a year earlier. Operating loss expanded to KRW 23.03 billion from KRW 8.62 billion, while sales fell to KRW 75.02 billion from KRW 115.81 billion. Shares of the South Korean video game publisher and developer fell 6.36% to KRW 7,810 on the Kosdaq Stock Exchange.
Kakao Games CorpWidened net loss and operating loss, with sales decline, reported in Q2 results.