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Games & Commerce

Krafton Q2 operating profit up 67 percent to 410.9 billion won

Krafton said on Tuesday it posted second-quarter consolidated revenue of 1.29 trillion won and operating profit of 410.9 billion won. Revenue and operating profit jumped 94.9 percent and 67 percent from a year earlier, marking the company’s best-ever second quarter. First-half revenue rose to 2.66 trillion won and operating profit to 972.5 billion won. Growth was led by PC and console platforms, while mobile titles maintained steady momentum.

Games & Commerce

PUBG, Subnautica 2 double boost signals surprise Q2 results for Krafton

Krafton is expected to post a sharp improvement in second-quarter results, helped by steady growth in PUBG: Battlegrounds on PC and faster-than-expected early success for Subnautica 2. Consensus estimates put revenue at 1.19 trillion won and operating profit at 367.1 billion won, up 80.2 percent and 49.2 percent from a year earlier. Analysts cite strong Steam metrics for PUBG and millions of Subnautica 2 copies sold soon after launch.

Games & Commerce

Krafton says quarterly results hit record high as PUBG IP sales top 1 trillion won

Krafton said it posted record quarterly revenue and operating profit on solid growth in its PUBG: Battlegrounds intellectual property. It said first-quarter sales rose 56.9 percent from a year earlier to 1.37 trillion won and operating profit rose 22.8 percent to 561.6 billion won. PUBG franchise revenue topped 1 trillion won for the first time. The company also outlined plans spanning new game IP, its Raon AI models and a joint venture for autonomous driving services.