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Playlogic Reports $9.5m Loss

Playlogic has reported a net loss of USD 9.5 million for the financial year ended December 31, 2008.

The company saw gross profit fall 30 per cent from USD 5 million in 2007 to USD 3.5 million, at the same time operating losses hit USD 9.1 million. Earnings per share turned into a loss of USD 0.22 compared with a profit of USD 0.03 for the previous year.

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gamesindustry.biz
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