Angry Birds creator Rovio's profit slashed by half

TECH
Tuesday, 29 Apr 2014
1:29 PM MYT

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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).

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