Gravity Reports First Quarter of 2019 Results and Business Updates
GRAVITY Co., Ltd. - American depositary shares, each representing one common share. (GRVY)
US:NASDAQ Investor Relations:
gravity.co.kr/en/ir/adr/index.asp
Company Research
Source: GlobeNewswire
Seoul, May 13, 2019 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the first quarter ended March 31, 2019, prepared in accordance with international Financial Reporting Standards as issued by the International Accounting Standards Board and business updates. FIRST QUARTER 2019 HIGHLIGHTS Gravity has announced that recorded the highest quarterly revenues and operating profit since it listed in NASDAQ in 2005. Total revenues were KRW 133,623 million (US$ 117,595 thousand), representing a 18.0% increase from the fourth quarter ended December 31, 2018 (“QoQ”) and a 101.5% increase from the first quarter ended March 31, 2018 (“YoY”).Operating profit was KRW 23,640 million (US$ 20,804 thousand), representing a 79.9% increase QoQ and a 390.5% increase YoY.Profit before income tax expenses was KRW 24,389million (US$ 21,463
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GRVY
Sec Filings
- 4/12/24 - Form 6-K
- 3/29/24 - Form 6-K
- 3/7/24 - Form 6-K
- GRVY's page on the SEC website