Netmarble swings to black in Q3 on steady-selling titles
Netmarble Corp., a South Korean game developer, said Thursday it swung to net profit in the third quarter on steady sales of its webtoon-based game title Solo Leveling: ARISE. The company posted a net income of 20.6 billion won ($14.8 million) for the July-September period, shifting from a loss of 28.4 billion won a year earlier, according to a regulatory filing. Operating income was 65.5 billion, compared with a loss of 21.9 billion won a year ago, while sales rose 2.6 percent to 647.3 billion
Nov. 7, 2024