{"id":484015,"date":"2021-04-29T07:04:42","date_gmt":"2021-04-29T11:04:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gravity-announces-filing-of-annual-report-on-form-20-f-for-fiscal-year-2020\/"},"modified":"2021-04-29T07:04:42","modified_gmt":"2021-04-29T11:04:42","slug":"gravity-announces-filing-of-annual-report-on-form-20-f-for-fiscal-year-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gravity-announces-filing-of-annual-report-on-form-20-f-for-fiscal-year-2020\/","title":{"rendered":"GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2020"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Seoul, April  29, 2021  (GLOBE NEWSWIRE) &#8212; GRAVITY Co., Ltd. (NasdaqGM: GRVY) (\u201cGravity\u201d or the \u201cCompany\u201d) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission on April 29, 2021. The annual report can be accessed on the Company\u2019s investor relations Web site at<u> http:\/\/www.gravity.co.kr\/en\/ir\/notice\/list.asp<\/u><\/p>\n<p align=\"justify\">The shareholders and ADS holders of Gravity may receive a hard copy of the annual report, which contains its audited consolidated financial statements, free of charge upon request. Requests should be directed to IR Unit, Gravity Co., Ltd., 15F, 396 World Cup buk-ro, Mapo-gu, Seoul 03925, South Korea.<\/p>\n<p align=\"justify\">In the annual report on Form 20-F, the consolidated revenue is KRW 405,953 million, the operating profit is KRW 88,368 million, and the net profit attributable to parent company is KRW 62,703 million for the fiscal year ended December 31, 2020.<\/p>\n<p align=\"right\">(In millions of KRW)<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:36.62%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle\">\u00a0<\/td>\n<td style=\"width:24.2%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"width:22.54%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>2019<\/strong>\n          <\/td>\n<td style=\"width:16.62%;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle\">\n            <strong>YoY<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:36.62%;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\n            <strong>Revenue<\/strong>\n          <\/td>\n<td style=\"width:24.2%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">405,953<\/td>\n<td style=\"width:22.54%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">360,967<\/td>\n<td style=\"width:16.62%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">12.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:36.62%;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\n            <strong>Operating profit<\/strong>\n          <\/td>\n<td style=\"width:24.2%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">88,368<\/td>\n<td style=\"width:22.54%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">48,663<\/td>\n<td style=\"width:16.62%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">81.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"width:36.62%;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: justify;vertical-align: middle\">\n            <strong>Net profit attributable to parent company<\/strong>\n          <\/td>\n<td style=\"width:24.2%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">62,703<\/td>\n<td style=\"width:22.54%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">39,876<\/td>\n<td style=\"width:16.62%;border-right: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle\">57.2%<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <strong>About GRAVITY Co., Ltd.<\/strong> &#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>Based in Korea, Gravity is a developer and publisher of online and mobile games. Gravity&#8217;s principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 93 markets and countries. For more information about Gravity, please visit http:\/\/www.gravity.co.kr.<\/p>\n<p align=\"justify\">Contact:<br \/>Mr. Heung Gon Kim<br \/>Chief Financial Officer<br \/>Gravity Co., Ltd.<br \/>Email: kheung@gravity.co.kr <\/p>\n<p align=\"justify\">Ms.\u00a0Jin Lee<br \/>Ms.\u00a0Hyeji An<br \/> IR Unit<br \/> Gravity Co., Ltd.<br \/> Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XYVlS5hBlf2m3RoVePL-1pePEsbgL8IaGV5q_4Jef8RvlgopPEf9xVYDWpdD1fwcnolFsEA8mDN-pTF5WqPSig==\" rel=\"nofollow noopener\" target=\"_blank\"><u>ir@gravity.co.kr<\/u><\/a><br \/> Telephone: +82-2-2132-7800<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyNTQ0MCM0MTQzODY1IzIwODEwMzQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/1c1fd076-958b-42cf-ad41-1f5f9f29b00f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Seoul, April 29, 2021 (GLOBE NEWSWIRE) &#8212; GRAVITY Co., Ltd. (NasdaqGM: GRVY) (\u201cGravity\u201d or the \u201cCompany\u201d) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission on April 29, 2021. The annual report can be accessed on the Company\u2019s investor relations Web site at http:\/\/www.gravity.co.kr\/en\/ir\/notice\/list.asp The shareholders and ADS holders of Gravity may receive a hard copy of the annual report, which contains its audited consolidated financial statements, free of charge upon request. Requests should be directed to IR Unit, Gravity Co., Ltd., 15F, 396 World Cup buk-ro, Mapo-gu, Seoul 03925, South Korea. In the annual report on Form 20-F, the consolidated revenue is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gravity-announces-filing-of-annual-report-on-form-20-f-for-fiscal-year-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2020&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-484015","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gravity-announces-filing-of-annual-report-on-form-20-f-for-fiscal-year-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Seoul, April 29, 2021 (GLOBE NEWSWIRE) &#8212; GRAVITY Co., Ltd. (NasdaqGM: GRVY) (\u201cGravity\u201d or the \u201cCompany\u201d) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission on April 29, 2021. The annual report can be accessed on the Company\u2019s investor relations Web site at http:\/\/www.gravity.co.kr\/en\/ir\/notice\/list.asp The shareholders and ADS holders of Gravity may receive a hard copy of the annual report, which contains its audited consolidated financial statements, free of charge upon request. Requests should be directed to IR Unit, Gravity Co., Ltd., 15F, 396 World Cup buk-ro, Mapo-gu, Seoul 03925, South Korea. 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(NasdaqGM: GRVY) (\u201cGravity\u201d or the \u201cCompany\u201d) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission on April 29, 2021. The annual report can be accessed on the Company\u2019s investor relations Web site at http:\/\/www.gravity.co.kr\/en\/ir\/notice\/list.asp The shareholders and ADS holders of Gravity may receive a hard copy of the annual report, which contains its audited consolidated financial statements, free of charge upon request. Requests should be directed to IR Unit, Gravity Co., Ltd., 15F, 396 World Cup buk-ro, Mapo-gu, Seoul 03925, South Korea. 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