The online gaming industry is a major business sector that has gained traction during the pandemic, as more people spent extra time at home and engaged in online entertainment content.
SET-listed Asiasoft Corporation, a Bangkok-based game service provider, is riding the wave of this flourishing segment with sales reaching 1 billion baht in the first nine months of this year, up 81% year-on-year.
During this period, 59% of the company’s revenue came from overseas markets, including Singapore, Malaysia, and the Philippines, with the remainder generated by the domestic market.
In the third quarter alone, Asiasoft’s revenue surged 65% year-on-year to 366 million baht and its net profit jumped 183%…
