Gravitytai Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Gravitytai Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 84.36 million compared to TWD 236.29 million a year ago. Net loss was TWD 35.79 million compared to net income of TWD 27.17 million a year ago. Basic loss per share from continuing operations was TWD 1.11 compared to basic earnings per share from continuing operations of TWD 0.84 a year ago. Diluted loss per share from continuing operations was TWD 1.11 compared to diluted earnings per share from continuing operations of TWD 0.84 a year ago.
For the nine months, sales was TWD 276.81 million compared to TWD 610.14 million a year ago. Net loss was TWD 54.48 million compared to net income of TWD 41.67 million a year ago. Basic loss per share from continuing operations was TWD 1.69 compared to basic earnings per share from continuing operations of TWD 1.29 a year ago. Diluted loss per share from continuing operations was TWD 1.69 compared to diluted earnings per share from continuing operations of TWD 1.29 a year ago.
Gravitytai Co Ltd, formerly Join Well Technology Co Ltd, is a Taiwan-based company mainly engaged in the provision of integrated marketing and public relations services, as well as mobile game agency and operation businesses. The Company is mainly engaged in the provision of advertising, product design, brand packaging and event execution and other related cultural and creative services, as well as mobile game agency business. The Company is mainly engaged in the development of game agency rights in Taiwan, Hong Kong, Macao and other places to provide players with a variety of choices. The advertising business mainly provides advertising services to corporate advertisers. The mobile game agency business mainly provides products in the category of mobile games.