SundayToz Returns to Annual Sales of 100 Billion Won After 6 Years

[Asia Economy Reporter Kang Nahum] SundayToz announced its return to annual sales of 100 billion won after 6 years.

SundayToz revealed on the 10th that its consolidated sales last year reached 106.2 billion won, a 26% increase compared to the same period the previous year.

Operating profit was 13 billion won, and net profit was 15 billion won, marking increases of 371% and 407% respectively compared to the same period last year.

The fourth quarter results recorded sales of 25.3 billion won and operating profit of 4.3 billion won, achieving the highest operating profit margin since the third quarter of 2017.

This sales growth is analyzed to be due to the growth of high-margin advertising business and the establishment of services in overseas markets, which accompanied both increased sales and reduced costs. The fourth quarter results recorded sales of 25.3 billion won and operating profit of 4.3 billion won, achieving the highest operating profit margin since the third quarter of 2017.

Overseas sales also grew significantly. Last year, overseas sales accounted for 40.6 billion won (38% of total), which is 2.5 times the overseas sales of the previous year.

Subsidiary SundayToz Play recorded sales of 17.3 billion won, operating profit of 4.4 billion won, and net profit of 3.2 billion won last year.

Min Kwangsik, Director of External Communications at SundayToz, said, "We evaluate that rapid growth was achieved through focused nurturing of the advertising business and overseas markets," adding, "We will continue development and services to diversify in-game revenue such as advertising business by expanding sales sources concentrated domestically to overseas."

This content was produced with the assistance of AI translation services.