Wemade Play nearly doubled its first-quarter operating profit on efficient resource management.

Wemade Play said on Monday that its consolidated first-quarter revenue fell 0.1 percent from a year earlier to 32.4 billion won. Operating profit surged 93 percent to 3.4 billion won. Net profit was tallied at 6.1 billion won.

The surge in operating profit reflects steady service for its key games and efficient operations, including operating costs that fell 5.4 percent from a year earlier. Operating profit also rose 8 percent from the previous quarter, in what it described as an assessment that Chief Executive Woo Sang-joon (우상준), marking his first year in the role, has established a focus on strengthening fundamentals.

By segment, domestic revenue delivered solid results on the successful rollout of a new season of the original Anypang series and expanded advertising channels. Overseas revenue came to 20.8 billion won as results from subsidiary Playlinks, which posted its best quarterly performance, were reflected.

Wemade Play plans to introduce global-targeted casual games ProjectG and ProjectR, as well as new titles from subsidiary Playlinks, possibly within this year. In particular, Playlinks is set to expand new businesses, including an overseas launch of its new social casino title Slotopolis and entry into the iGaming market focused on exporting content.

Woo said, "The businesses and new titles we are preparing with our employees are being readied smoothly in line with the schedule and our goals to advance services." He added, "Given the scale and diversity of new businesses and new title projects, including our subsidiaries, this year will be a meaningful period to enhance the company’s competitiveness."