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Games & Commerce
Pearl Abyss opens shareholder meeting, focus turns to what comes after Crimson Desert
Pearl Abyss held a shareholder meeting on July 7 in Gwacheon, south of Seoul, and addressed investor concerns over a weak share price despite expectations for Crimson Desert. Management outlined key shareholder requests, including next steps for Crimson Desert, progress and disclosure strategy for DokeV, shareholder returns and stronger communication. The company said DokeV targets a release in the second half of 2028 and is preparing paid DLC and possible platform expansion to bridge the gap.
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Korea Exchange\'s Park Sang-wook elected to CCP Global executive committee
Korea Exchange said on June 25 that Park Sang-wook (박상욱), head of its clearing and settlement division, has been elected to the executive committee of the Global Association of Central Counterparties, known as CCP Global. Park was elected at CCP Global’s general meeting held on June 24 local time in Amsterdam. The association represents central counterparties that provide clearing and settlement services in capital markets.
Games & Commerce
Pearl Abyss posts record quarterly operating profit on \'Red Desert\' success
Pearl Abyss achieved its best quarterly results on the global success of its new title \'Red Desert\'. The company said first-quarter consolidated revenue rose 419.8 percent from a year earlier to 328.5 billion won. Operating profit surged 2,584.8 percent to 212.1 billion won and net profit jumped 2,107.8 percent to 170.0 billion won. Overseas sales accounted for 94 percent of revenue, with North America and Europe making up 81 percent of that total.
