HELSINKI: Rovio, the Finnish maker of the popular mobile game Angry Birds, on Monday reported a 50% drop in profits in 2013 as it increased investment to face growing competition.
Net profits dropped to 26.9mil euros (RM121.9mil) from 55.5mil euros (RM251.52mil) in 2012, while revenue slightly increased by 2.5% to 156mil euros (RM705.66mil).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!