Rochester, NY 8/21/2009 2:08:20 AM
Gravity Co., Ltd GRVY, Gravity Announces its Financial Results for Fiscal 2009 First Quarter Results
Gravity Co., Ltd GRVY
Gravity Co., Ltd a South Korean-based online game developer and publisher, recently release company’s unaudited financial results for the first quarter ended March 31, 2009, prepared in accordance with generally accepted accounting principles in the United States.
Revenues for the first quarter ended March 31, 2009 was KRW 16,607 million (US$ 12,991 thousand), representing a 9.27% increase from KRW 15,198 million (US$ 11,889 thousand) for the fourth quarter ended December 31, 2008 and a 32.55% increase from KRW 12,529 million (US$ 9,801 thousand) for the first quarter ended March 31, 2008 .
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