Namco Bandai reports $66.7 million loss for first half of fiscal year

Friday, 6 November 2009 18:35 GMT By Stephany Nunneley

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Namco Bandai has reported its financials and within the pages, a net loss of ¥6.04 billion ($66.7 million) for the first half of its fiscal year was noted.

A net income of ¥1.28 billion ($14.14 million) was reported for the same time period in its last fiscal year, and while the loss sounds like big one, the publisher is expecting to line the coffers with ¥8.5 billion ($93.6 million) net by the end of the fiscal year (March 31, 2010).

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