Fiscal Q2 profits were up 29 percent to 3.4 billion won ($2.9 million) at Seoul, South Korea Zenonia
developer Gamevil, thanks to strong mobile game sales and fat profit margins.
The company said Monday that franchises including the mobile games Nom 4, Hybrid 2: Saga of Nostalgia
and new entries like the online game Illusia
in Korea drove sales during the quarter ended June 30.
Important global launches included App Store games Zenonia 2
, the sequel to last year's action RPG and Soccer Superstars
, plus the Android game Baseball Superstars
Sales for the quarter were up 25 percent to 6.72 billion won ($5.78 million), the company said. Gamevil also noted a fat profit margin of 50 percent, driven by virtual goods sales and multiplatform expansion. Overseas revenues were up 52 percent year-on-year, and 100 percent quarter-on-quarter.
"We're extremely happy with our continuous growth with high margins." said Yong Kuk Lee, Gamevil CFO in a statement. "International sales have been strong through distribution of Apple's App Store and Google's Android Market, while we maintain the leading position in the domestic market."