FILE PHOTO: The UbiSoft Entertainment logo is seen at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 29, 2019. REUTERS/Benoit Tessier
(Reuters) - French video game maker Ubisoft said on Thursday its net result turned into a loss in the half-year, citing lost research and development expenses and related game cancellations.
The firm has been dogged by game delays, on top of project cancellations and heavy sector competition. Its shares have shed roughly 38% this year.
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