Updated
Updated · MarketWatch · May 8
GungHo Online Entertainment first-quarter net profit rises
Updated
Updated · MarketWatch · May 8

GungHo Online Entertainment first-quarter net profit rises

6 articles · Updated · MarketWatch · May 8
  • The Japanese gaming company reported net profit of Y1.70 billion for the quarter ended 31 March, with revenue rising to Y26.59 billion from Y23.78 billion.
  • Operating profit increased to Y3.69 billion from Y2.83 billion, while pretax profit climbed to Y4.58 billion from Y3.22 billion.
  • Per-share earnings rose to Y31.47 from Y28.92, with results prepared under Japanese accounting standards.
As GungHo's profits rise, why are its investors worried about the real value of their shares?
Can GungHo's 12-year-old blockbuster game fend off modern rivals to secure its financial future?
GungHo's success is built on gacha mechanics, but what is its plan B if regulations change?