[Digital Daily Correspondent Wang Jinhwa] Wemade excluded Wemix liquidation sales from last years performance. Still, its an all-time high.
On the 16th, WeMade made a correction and announced through the Financial Supervisory Services electronic disclosure system that in 2021, sales of 337.3 billion won, operating profit of 100.9 billion won, and net profit of 307.1 billion won were corrected.
Earlier, on the 9th of last month, WeMade announced that it had achieved sales of 561 billion won, operating profit of 326 billion won, and net profit of 485.2 billion won in 2021. The portion indicated that sales increased by 344.1% compared to the previous year was corrected to 167.2%. Operating profit and net profit turned positive.
In the fourth quarter of last year, sales were about 352.4 billion won, operating profit was about 254 billion won, and net profit was about 425 billion won. In particular, it was announced that sales increased by 655.9% compared to the same period of the previous year. This was mainly due to Wemix liquidity sales.
However, that portion of sales eventually fell out. After the announcement of corrections in the fourth quarter of last year, sales fell sharply to 129 billion won, operating profit 29 billion won, and net profit 246.6 billion won. Sales increased by 176.2% compared to the same period last year, and both operating profit and net profit turned to black.
Wemade said in a public announcement, “Since the first disclosure on the 9th of last month, the accounting method for Wemix securitization has been changed during the external audit process and this is reflected in the financial statements. told
