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

Originally published on GamesIndustry.biz by Danielle Partis

Contest of Champions continues to drive revenues as new licensed game prepares to launch

Share this article

Companies in this article

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

Continue reading article by clicking here...