Asia
Kakao Games Widens Loss in Q1
Kakao Games (KOSDAQ:293490) posted a first-quarter net loss attributable to shareholders of 30 billion won, widening from 23.03 billion won a year earlier, according to a Thursday filing with the Korea Exchange.Sales of the game maker were down 33% year over year to 82.9 billion won from 122.9 billion won.Shares of Kakao Games fell 3% at market close.
KOSDAQ:293490