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Games & Commerce

Korean game makers diversify growth beyond mobile MMORPGs to PC, console and overseas

South Korean game makers are expanding growth beyond mobile MMORPGs into overseas markets, PC and console, and casual genres. Pearl Abyss and Krafton posted sharp gains as global PC and console titles lifted sales. Netmarble, NC and Nexon added overseas, platform and genre revenues while maintaining core franchises. Kakao Games and Devsisters pursued diversification but reported quarterly losses, highlighting that rising sales do not automatically translate into higher profit.

Games & Commerce

Netmarble to tighten new game criteria, revise multi-title strategy

Netmarble is shifting away from releasing new games in rapid succession and will focus on extending the lifespan and revenue of existing titles. It cut its second-half new-game lineup to three and plans to apply stricter launch standards while strengthening live-service operations. The company cited sustained growth in The Seven Deadly Sins: Grand Cross. Netmarble reported second-quarter revenue of 749.2 billion won and operating profit of 80.1 billion won, while costs rose on marketing and fees.

Games & Commerce

Netmarble Q2 operating profit falls 20.8 percent to 80.1 billion won

Netmarble said on Tuesday its second-quarter operating profit fell 20.8 percent from a year earlier to 80.1 billion won on a consolidated basis. Revenue rose 4.4 percent to 749.2 billion won, while EBITDA slipped 14.6 percent to 112.0 billion won. Net profit increased 27.3 percent to 203.9 billion won. Overseas sales rose 22.6 percent to 580.8 billion won, making up 78 percent of total revenue.