Netmarble Q2 sales down 16%, publisher optimistic ahead of new Marvel launch

Originally published on by Danielle Partis

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Korean mobile firm Netmarble has reported its financial results for Q2, 2021, showing a slight decline in sales during the quarter.

For the three months ended June 30, 2021, total sales reached KRW 577 billion ($492 million), a 1.2% increase on Q1 but a 15.8% decrease year-over-year.

Net profit was KRW 48.2 billion ($43.1 million), a 43% decrease year-over-year compared to the KRW 85 billion ($72.6 million) made during the same period in 2020.

Netmarble CEO Seungwon Lee noted that marketing costs related to

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