Mgame, sales and profit surged more than 300% in the third quarter of 2021

– In the third quarter of 2021, sales of KRW 13.7 billion, operating profit of KRW 6.1 billion, net profit of KRW 5.3 billion
– Last August, China’s ‘Hot Blood Power Online’ recorded the highest sales ever, continuing to grow compared to the previous year
– Expected to perform well in the fourth quarter of 2021, reflecting new sales of ‘Shinyeolhyeolgangho’ in Thailand and ‘Imortal’ in Korea

Mgame (CEO Kwon Yi-hyeong) announced that it recorded sales of 13.7 billion won, operating profit of 6.1 billion won, and net profit of 5.3 billion won on a consolidated basis in the third quarter of 2021.

This is a significant increase of 54.2% in sales, 218.4% in operating profit, and 379.1% in net profit compared to the same period of the previous year. Compared to the previous quarter, sales increased by 15.8% and operating profit by 87.5%, while net profit decreased slightly by -0.1%.

In the third quarter of 2021, the company’s PC MMORPG (multiple online role-playing game) ‘Holy Blood Power Online’ was driven by record-breaking sales in China. Last August recorded the highest sales since the service, up 358% compared to the same month of the previous year.

Sales and profits are also expected to rise in the fourth quarter of 2021. China’s ‘hot-blooded powerhouse online’ continues to grow compared to the same period last year.

The mobile MMORPG ‘Shinyeolhyeolgangho’, which was released in Thailand in September, is currently ranked in the top 20 in Google Play sales ranking, and the hybrid war RPG (role-playing game) ‘Immortal’ released in Korea in October is a popular game on Google Play on the 1st. took first place.

Mgame is preparing to release ‘Imortal’ in the domestic app store, and is preparing to launch it in four Southeast Asian countries, including Indonesia and Thailand.

Next, in the first half of next year, the mobile MMORPG ‘Shinyeolhyeolgangho’ will be released in Vietnam and the self-developed mechanic 3rd person gunfighting game ‘BATTLE STEED:GUNMA’ will be officially released on Steam.

Mgame CEO Kwon Yi-hyeong said, “This third quarter also recorded an increase in operating profit compared to the same period of the previous year for 11 consecutive quarters thanks to the performance of ‘The Hot Blooded Online’ in China. ” he said.

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