Netmarble remains in red in Q2

Netmarble Corp. on Tuesday reported its second-quarter net loss of 44.1 billion won (US$33.5 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 37.2 billion won for the April-June period, compared with a loss of 34.7 billion won a year earlier. Revenue fell 8.7 percent to 603.3 billion won.

The loss was 18.8 percent lower than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.

Source: Yonhap News Agency

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