Archived Nexon reports decrease in revenue due to rising exchange rates (gamasutra.com)
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Archived Nexon reports decrease in revenue due to rising exchange rates (gamasutra.com)
submitted ago by xForeverOmega
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[–] derram ago
https://archive.is/HDaWz :
' Two longstanding games, Dungeon&Fighter and MapleStory, maintained a strong presence in the two countries due to recent content updates. '
'The Japan-based company said that the decrease in revenue was the result of fluctuations in exchange rates that caused the yen to increase in value. '
'In its quarterly financial report, Nexon holds its strong mobile and PC game presence in China and Korea responsible for stronger-than-expected financial results in the third quarter, despite a decrease in year-over-year revenue. '
'Nexon also reported 12 percent year-on-year decrease in operating income and a net income of ¥7.6 billion (~ $71 million). '
'Despite this, the company saw stronger-than-expected financial results, thanks in no small part to a strong PC and mobile game presence in both China and Korea. '
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