The Gamania Group (Ticker: 6180:TT) today announced its 2019H1 financial results in accordance with IFRS:
The 2019H1 consolidated revenue was NT$4.9 billion, YoY-41%. Consolidated gross profit reached NT$2.0 billion, YoY-20%, and gross margin was 41%, up 11ppts year on year. The net income was NT$364 million, YoY-61% and EPS was 2.10.
As the base period was high in 2018H1 due to the newly launched of Lineage M, the consolidated revenue in 2019H1 declined year on year. Due to new game – “Cross Gate M” launched, new class – “Dark Knight” of Lineage M, and one-off expenses for treasury stock transferred to employees in 2019Q2, the operating expenses increased year on year. The net profit to owners of the parents decreased year on year.