Angry Birds maker happy at profit boost

The makers of the mobile game 'Angry Birds' were likely happy with second-quarter results Friday (August 14),

As Rovio Entertainment reported a 160% jump in operating profit.

The Finnish gaming company said it reached 'record high games revenue' which was driven by the 'strong performance' of its key titles.

Rovio said player engagement went up during the global health crisis.

It led to a higher level of downloads and daily active users as stay-at-home gaming became a feature of the lockdown era.

Lower marketing costs also helped the company score a profit boost of 13.8 million euros - or just over $16 million.

Although revenue fell 3.6% on the year to just over $81 million due to lower film revenue.

Gaming has been one of the few business winners in 2020.

Last week, Japanese gamemaker Nintendo announced that first quarter profits rose an enormous 428% on the year.

Sony also recently reported a sharp rise in sales of its PlayStation 4 console.