Search results for WEMIX
Games & Commerce
Wemade posts third straight quarterly operating profit, eyes new titles and China to lift profitability
Wemade said on Monday it posted first-quarter revenue of 153.3 billion won, operating profit of 8.5 billion won and net profit of 19.9 billion won, marking a third straight quarter of operating profit since the third quarter of 2025. It said revenue was led by games and boosted by licence income after a royalty dispute over The Legend of Mir 2 in China ended in settlement. Wemade also cited growing blockchain revenue and outlined plans for new game launches, a push into consoles and preparations for China releases.
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.
Games & Commerce
Wemade CEO Park Kwan-ho says next step after return to profit is combining console and online
Wemade CEO Park Kwan-ho said the company turned a deficit of nearly 100 billion won into a profit last year and expects operating profit to grow further this year. He outlined a phased cost-efficiency drive running from this year into next year and said the company is responding actively to AI-led changes in game development. Park said the global MMORPG market is shrinking and new IP will combine console-style play with online elements. He also addressed Wemix listings, China-related scheduling issues and shareholder meeting resolutions.
