Increased labor costs in new spaces, Netmarble 2Q08
Netmarble 2Q operating profit was found to decline 80.2% YoY. With a decrease in sales by domestic and overseas new spaces, operating costs have a high level of operating profit, maintaining a level similar to the increase in labor costs due to the increase in sales of salaries in the second quarter. Netmarble announced its 2Q earnings on 11th. In this quarter, Netmarble recorded sales of W572.2bn, operating profit of W16.2bn, and net profit of W48.2bn. Sales fell by 15.8% from the previous year, and operating profit was 80.2%, and net profit was 43.3%. In the second quarter of last year, netmarble has increased by existing sales of existing overseas sales. However, this quarter has won 17.4% from W4.24.6 billion, and domestic sales decreased by 10.9% from the previous year. In the second country, it did not affect the entire second quarter because it was released on June 10. For this quarter, Netmarble explained that it has recorded a sluggish earnings due to marketing expenses a...