Nintendo reports first-ever H1 loss

By on October 6, 2003, 12:02 PM
Japanese videogame maker Nintendo warned on Friday it would post its first-ever interim loss for April-September due to massive foreign exchange losses and slack sales of its GameCube console.

The videogame veteran attributed its first red ink since going public in 1962 to a 40 billion yen one-off loss on its $5 billion of dollar-denominated assets and weak demand for the GameCube.

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