Search results for W Games
Games & Commerce
W Games Q1 operating profit up 25.1 percent to 68.5 billion won
W Games posted its best-ever quarterly results, helped by a turnaround to profit in new businesses and lower fee costs. The company reported first-quarter revenue of 205.0 billion won, up 26.6 percent from a year earlier. Operating profit rose 25.1 percent to 68.5 billion won and net profit increased 60.6 percent to 73.5 billion won. It plans medium- to long-term growth across social casino, iGaming and casual games.
Games & Commerce
W Games 2025 operating profit falls 6.7 percent to 232.1 billion won
W Games posted its highest-ever annual revenue in 2025, but profitability weakened. The company reported revenue of 719.9 billion won, operating profit of 232.1 billion won and net profit of 179.8 billion won. Revenue rose 13.6 percent from a year earlier, while operating profit fell 6.7 percent and net profit declined 26.1 percent. Fourth-quarter revenue and operating profit rose, but net profit dropped to 44.6 billion won.
Games & Commerce
Game industry opts for share cancellations over investment amid \'value-up\' push
A rush of treasury share cancellations is sweeping South Korea\'s game industry. While presented as shareholder returns aligned with the government\'s “value-up” drive, some see it as a defensive move by companies that have lost growth momentum. Firms including NCSoft, Com2uS, Wemade Play and Devsisters have cancelled shares even as profits weaken. Critics say cash is being diverted from investment in areas such as AI and console markets to support share prices.
