Post by account_disabled on Dec 12, 2023 4:04:28 GMT -7
AS reveals Q1/2023 profits grew from the previous quarter. Confident that income for the whole year will grow as planned. Asphere Innovations Public Company Limited (formerly known as Asiasoft Corporation Public Company Limited) or AS announced operating results for the first quarter of 2023, with the company having revenue of 320.1 million. baht and net profit of 43.5 million if compared to the previous quarter. Company's income There was a decrease of approximately 48.6 million baht, or 13 percent, while net profit grew by 34.4 million baht, or 378 percent. By Mr. Gerry Ung, Chief Financial Officer (CFO) of Asphere Innovations Public Company Limited, said, “The company's operating results In the first quarter of 2023, online game business remains the main business group that generates income for the Company.
Most of this income comes from old game groups that continuously update game content. For new games Phone Number List The company launched one mobile game, Cyber Fantasy, in Vietnam in mid-March. As a result, we are still unable to recognize full quarterly income in this round. As a result, overall income has slowed down slightly compared to the previous quarter. Meanwhile, net profits have increased from the previous level. resulting from AS-Q1performance-2bcfc324 Manage and maintain a community base in the game that allows players to spend time in the game and continue spending. Including good management of sales and administrative expenses in this quarter. For 2023, the management team is confident that Asphere Innovations Public Company Limited will be able to create revenue growth as planned.
With the overall gaming market still showing a growth trend. We also have plans to continuously launch 7 new games, including large flagship games that have been successful from being launched overseas, such as the mobile game Samkok Tactics which is now open for Service in China and Taiwan With approximately 5 million players within its first month, Immortal Kingdoms M (Chaos Portal) is a mobile game that generated over $6 million in revenue within its first month of launch in South Korea. We also aim to use marketing technology to help increase marketing efficiency. both in terms of reaching the target group more accurately Access to in-depth information that helps you understand and maintain your customer base sustainably. This leads to effective management of marketing costs in the long term.”
Most of this income comes from old game groups that continuously update game content. For new games Phone Number List The company launched one mobile game, Cyber Fantasy, in Vietnam in mid-March. As a result, we are still unable to recognize full quarterly income in this round. As a result, overall income has slowed down slightly compared to the previous quarter. Meanwhile, net profits have increased from the previous level. resulting from AS-Q1performance-2bcfc324 Manage and maintain a community base in the game that allows players to spend time in the game and continue spending. Including good management of sales and administrative expenses in this quarter. For 2023, the management team is confident that Asphere Innovations Public Company Limited will be able to create revenue growth as planned.
With the overall gaming market still showing a growth trend. We also have plans to continuously launch 7 new games, including large flagship games that have been successful from being launched overseas, such as the mobile game Samkok Tactics which is now open for Service in China and Taiwan With approximately 5 million players within its first month, Immortal Kingdoms M (Chaos Portal) is a mobile game that generated over $6 million in revenue within its first month of launch in South Korea. We also aim to use marketing technology to help increase marketing efficiency. both in terms of reaching the target group more accurately Access to in-depth information that helps you understand and maintain your customer base sustainably. This leads to effective management of marketing costs in the long term.”