Summary
- Wemade announced that last year's operating income was 8.1 billion won, marking a turnaround to profit.
- Last year's sales increased by 17.6% to 712 billion won, and net income turned positive at 86.9 billion won.
- Notably, the fourth quarter operating income was 18.1 billion won, marking a turnaround to profit compared to the same period last year.
Wemade announced on the 12th that its consolidated operating income for last year was tentatively calculated to be 8.1 billion won, turning a profit compared to the previous year's operating loss of 110.4 billion won.
Sales increased by 17.6% over the same period to 712 billion won. Net income also turned positive, reaching 86.9 billion won.
The operating income for the fourth quarter was 18.1 billion won, a turnaround from the operating loss of 68.7 billion won in the same period the previous year. Sales and net income were reported at 165 billion won and 109.6 billion won, respectively.
Shin Min-kyung, Hankyung.com reporter radio@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
