Netmarble-Q1 earnings

Netmarble swings to red in Q1

SEOUL, May 12 (Yonhap) -- Netmarble Corp. on Thursday reported its first-quarter net loss of 51.8 billion won (US$40.2 million), turning from a profit of 61.9 billion won a year earlier.

The company said in a regulatory filing that it posted an operating loss of 11.9 billion won for the January-March period, compared with a profit of 54.2 billion won a year ago. Revenue rose 10.7 percent to 631.5 billion won.

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