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Asiasoft confidence Second Half will be better than First Half

BackAug 14, 2018

Asiasoft Corporation Public Company Limited announced its financial results for Q2/2018 with 15% increase in revenue versus Q1/2018. However, the revenue for first half of 2018 versus first half of 2017 decreased as a result of the delay in launching some of the games. Net result also seen an improvement from a loss of B10.5 mil in 2017 versus B8.3 mil in 2018 for the respective period.

Unit: Million Baht

Remark:

* Profit(Loss) from operation exclude one-time expenses

** Profit(Loss) excluded Non-controlling interests of the subsidiaries

The Company is confidence that results for second half of 2018 will be improved. “For the second half of year, we expect better results as we speed up the launching schedule for some of the games which were delayed in the previous months. Tentatively we are planning to launch total 13 games with 9 PC games and 4 mobile games in the next coming months. Cost management will be improved further with the recent restructuring” said by Mr. Gerry Ung.