Gamania Digital Entertainment, a provider of on-line games in Taiwan, recorded a net loss per share of NT$1.77 (US$0.05) for its 2005 operations due mainly to losses from overseas investments, according to the company’s 2005 financial report released on March 16.
Despite NT$227.5 million in net operating profits, Gamania suffered total losses of NT$378.2 million from non-operating investments, most of which was from a subsidiary in China and South Korea. The company has suffered annual net losses for three years straight, with a net loss of NT$245.6 million in 2003 and NT$167.7 million in 2004. The company’s board of directors has decided not to distribute any dividends for operations in 2005.
|
Gamania’s 2005 financial performance (audited) | |
|
Item |
Amount (NT$ million) |
|
Revenues |
1,852.5 |
|
Gross operating profits |
927.2 |
|
Net operating profits |
227.5 |
|
Pre-tax profits |
(206.0) |
|
Net profits |
(260.0) |
|
Net earnings per share (NT$) |
(1.77) |
Source: Company, compiled by DigiTimes.com, March 2006
Article translated by Adam Hwang and edited by Eric Mah