Com2us Holdings 2Q operating loss 1.6 billion won… Seeking a turning point to'xpla '
Com2us Holdings (CEO Lee Yong-guk) announced on the 11th that it recorded sales of 28.9 billion won, operating loss of 1.6 billion won, and net loss of 31.7 billion won in the second quarter of 2022. Sales decreased 2.6% year-on-year, and operating profit and net profit turned deficit. Revenue and operating profit increased by 20.0% and 49.6%, respectively, but net profit decreased by 583.3%, increasing. The company explained that the net loss occurred due to the one-time reflection of virtual assets and evaluation losses. Sales and operating losses have improved QoQ due to the expansion of the game business and the increase in investment in related enterprises due to blockchain and new launches. In the second half of the year, the company plans to activate the web 3 ecosystem of 'XPLA' mainnet to improve earnings. Com2us Holdings aims to become a global web 3 value-chain company that encompasses game platforms and contents based on XPLA Mainnet announced on the 9th of this ...