SEOUL, KOREA - Com2uS, one of Korea’s leading mobile game companies, announced on November 5 that it posted sales of 86.8 billion won, operating profit of 46 billion won, and net profit of 40.9 billion won for the third quarter of this year.
Year on year, sales, operating profit, and net profit all rose by 438 percent, 45,980 percent, and 3,165 percent, respectively.Compared to a quarter ago, sales, operating profit, and net profit grew by 102 percent, 166 percent, and 192 percent each.
The operating profit-to-sales ratio reached a record-high level of 53 percent, indicating that Com2uS established a solid profit base.
For the January-September period of this year, its cumulative sales also reached an all-time high at 150.9 billion won, with an operating profit of 65.2 billion won and a net profit of 56 billion won.
Com2uS is growing in both domestic and overseas markets. In particular, its overseas sales jumped 806 percent year on year to 69.3 billion won.
Article provided by The Korea Economic Daily