The Gamania Group (Ticker: 6180:TT) today announced its 3Q16 financial results: Consolidated revenues achieved NT$2,118 million, QoQ+7%, driven by great gaming performance during summer vacation. Due to the further updates and uncertainty for the XPEC case, however, the company had comprehensive consideration in accordance with IFRS, confirmed with the accountants and decided to proceed impairment loss of NT$325 million for invested XPEC stocks. Net loss for 3Q16 reported NT$306 million. If XPEC operates towards positive future trends, the holding XPEC securities are still equipped with its long term value. Furthermore, all the business sectors of The Group remain healthy operations and continue to boosting their momentums with solid developments.

If excluding the XPEC impairment recognition, net income for 3Q16 totaled NT$19 million, turning profitable with EPS NT$0.12. 3Q16 is the peak season for the gaming industry. Also, Gamania Group demonstrated gradual results in the diversified business territories, including game, eCommerce, mobile payment, new entertainment media and etc. The Group continues to aiming at a national flagship Internet enterprise, and leads the talents in Taiwan back to the glory on the global internet stage.