Joymax Announces Consolidated Earnings Results for the Third Quarter and Nine Months of 2014
Joymax announced consolidated earnings results for the third quarter and nine months of 2014. For the quarter, the company reported revenue of KRW 7,078 million against KRW 13,013 million a year ago. Operating loss was KRW 1,483 million against income of KRW 4,445 million a year ago. Loss before taxes was KRW -1,071 million against income of KRW 4,241 million a year ago. Net loss attributable to the company was KRW 1,178 million against income of KRW 1,161 million a year ago. Operating loss was as a result of decreased online game revenues.
For the nine months, the company reported revenue of KRW 23.3 billion against KRW 51.4 billion a year ago. Operating loss was KRW 3.4 billion against profit of KRW 18.1 billion a year ago. Loss before taxes was KRW 2.3 billion against profit of KRW 20.8 billion a year ago. Net loss attributable to the company was KRW 2.8 billion against income of KRW 7.1 billion a year ago.