Wemade Reports 28.5 Billion Won Operating Loss in Q2... Revenue Down 31.8% Year-on-Year

Wemade announced on August 8 that, on a consolidated basis, its operating loss for the second quarter of this year was provisionally estimated at 28.5 billion won, an increase in losses compared to 24.1 billion won in the same period last year.

Revenue was 116.8 billion won, down 31.8% from the same period last year. The company recorded a net loss of 28.3 billion won, turning to a deficit.