Asia
Wemade Returns to Profit in Q1 as Sales Rise 8%
Wemade (KOSDAQ:112040) posted first-quarter net income of 21.9 billion won, returning from a net loss of 22.5 billion won a year earlier, according to a Tuesday filing with the Korea Exchange.The South Korean gaming company's sales rose 8.1% to 153.3 billion won from 141.8 billion won.Shares of Wemade fell nearly 3% at market close.
KOSDAQ:112040