Games & Commerce
Mgame\'s Q1 operating profit falls 51 percent on base effect
Mgame reported lower first-quarter results from a year earlier due to a base effect from strong performance a year ago, while revenue rebounded from the previous quarter. The company posted 24.2 billion won in revenue and 3.2 billion won in operating profit. It plans pre-registrations in the third quarter for an idle mobile game based on its Guhon IP and aims to expand its lineup in the second half.