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Neowiz's Net Income Jumps 123% in Q1

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Neowiz (KOSDAQ:095660) posted first-quarter net income attributable to shareholders of 16.22 billion won, up 123% from 7.28 billion won a year earlier.

The South Korean game developer's sales rose 14% year over year to 101.42 billion won from 89.03 billion won, according to a Monday filing with the Korea Exchange.

Shares of Neowiz were down nearly 4% at market close.

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