2004 Q2

2004-08-27

TAIPEI, Taiwan, August 27, 2004 – Gamania Digital Entertainment Co., Ltd. today announced its first-half year financial results ended June 30, 2004. For first-half of 2004, Net Sales Revenue was NT$994.9 million, while Operating Revenue was NT$200.6 million, and Net Income After Tax was NT$84.5 million (compare to loss of 146.5million in 1H03) and EPS was 0.55 (compare to EPS NT$-0.95 in 1H03). First-half Operating Profit and Net Income Before Tax achieved 95.94% and 83.17% of the 2004 full-year financial forecast. The turnaround in 1H04 results was mainly due to improved operating performance, lowered operating expenses and lowered losses from overseas equity investments. For 2H04, we expect the successful commercial launch of “Lineage II” and “Seal Online”, operated by our subsidiaries NC Taiwan and Taiwan Index respectively, will continue to provide sales growth momentum at consolidated level.