Games & Commerce
Wemade posts Q1 operating profit of 8.5 billion won, returns to profit
Wemade said on Monday it returned to profit in the first quarter, supported by stronger licence and blockchain businesses. Revenue rose 8 percent from a year earlier to 153.3 billion won. It posted an operating profit of 8.5 billion won and net profit of 19.9 billion won, swinging to profit from a year earlier. The company is preparing about 20 new titles and plans blockchain ecosystem expansion.
