GungHo Online Entertainment, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2016
June 24, 2016 at 09:15 am EDT
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GungHo Online Entertainment, Inc. provided consolidated earnings guidance for the six months ending June 30, 2016. For the quarter, the company reported net sales of JPY 61,267 million, operating profit of JPY 26,280 million, ordinary profit of JPY 26,171 million, profit attributable to owners of the parents of JPY 16,425 million or JPY 17.12 per share.
GungHo Online Entertainment Inc is a Japan-based company mainly engaged in the development of online games via the Internet. The Company is mainly engaged in the planning, development, operation and distribution of smartphone games. The main products in smartphone games are Puzzle & Dragons, Ragnarok M: Eternal Love, Puzzle Radar, Summons Board, Kerihime Sweets, Yokai Watch World, TEPPEN. The Company is also engaged in the planning, development, operation, distribution and sale of consumer game software for home-use game consoles and portable game consoles, the production of game software, as well as the sale of products to customers through wholesale trading companies, retail stores and content distributors.