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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

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.