Significant Losses at JoWood

CompaniesTelecoms ♦ Published: December 5, 2010; 23:31 ♦ (Vindobona)

The Vienna computer game manufacturer JoWood released its semi-annual report. The loss amounts to € 24 million.

Losses at JoWood / Picture: © JoWooD

The semi-annual report of the manufacturer of computer games was delayed. After a gain of € 0.84 million was recorded in the first half of 2009, JoWood is now deep in the red.

Revenues were down by half: € 6.4 million for the first half-year. The EBIT amounts to €-13.5 million (2009: € 1.3 million), the financial result is €-7.0 million. In particular, the financial…