Asiasoft disclose the first half performance, Outlook improve. Get ready for the second half. Expect to gain more market share

BackAug 15, 2016

August 11 2016, - Mr. Pramoth Sudjitporn, The CEO Asiasoft Corporation Public Limited, said the first half year performance (Exclude one time expenses) the company loss 82 M THB decreased from the first half of previous year by 25.4 M THB or 24%. For the total revenue of Q2/2016 the company earned 191.5 M THB improve from Q1/2016 by 4.3 M THB.

In Q2/2016, the company launched 4 new games both PC and Mobile e.g. Tales Runner, Destiny of Thrones, Kritika and Cabal II. Due to new games launched at the late of Q2/2016, revenue will be fully recognized in next quarter. The overview of the first half went very well with new PC & Mobile game. especially “Cabal II” we got a lot of attention from the players. There was top downloads and test more than 500,000 IDs. Within 3 weeks of the OBT Service, there was more than 1,000,000 IDs.

For the second half of year, the company plan to launch 6 new games, emphasize to mobile game in order to expand a mass target group. In the beginning of Q3/2016 the company has launched a new mobile game “Disney Catch Catch”, a partnership with world-class “Disney” regard as a plentifully succeeds. The games can be the Top Rank No.2 in IOS’s game after launching, believe the second half will generate more revenue than the first half, Mr.Pramote said.