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Games & Commerce

Krafton seeks next IP with PUBG and Subnautica as twin pillars after record results

Krafton posted record results for the second quarter and first half, driven by expanding users and revenue for the PUBG franchise and early success for Subnautica 2. The company plans to unveil five new games at Gamescom in August and broaden AI research beyond games to physical AI. It also cited variables such as ADK’s advertising weakness and non-operating costs, while expanding shareholder returns through buybacks, dividends and planned share cancellations.

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

Existing IPs, not new releases, to divide Korean game makers\' Q2 results

South Korean game makers\' second-quarter results are expected to diverge based on profits generated by existing intellectual property rather than whether they released new titles. Krafton and NC, which own PUBG and Lineage, are forecast to post sharp gains helped by new titles and acquisitions. Netmarble is expected to see weaker profitability due to marketing and IP fees, while Nexon expects a pause as some key titles soften despite stable live services.