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Sales rise but profitability slips for game firms in third quarter

Major South Korean game companies are expected to post mixed results in the third quarter this year. Krafton, Nexon and Netmarble are forecast to lift revenue but see operating profit decline as costs rise. NCSoft is expected to return to operating profit on stronger sales, though profit is seen down from the previous quarter. Kakao Games is projected to post weaker revenue and a wider operating loss as sales from existing games fall and new releases are absent.