KRAFTON recorded 3K23 sales in accordance with the Korean International Financial Reporting Standards (K-IFRS) 450,3 billion KRW (347,1 million US Dollar), Operating Profit (OP) 189,3 billion KRW (145,9 million US Dollar) and Net Profit as well as 211,6 billion KRW (163,1 million US Dollars). According to the previous quarter of sales and OP respectively (Kok) increased by 16% and 44% respectively, which means an increase in 4% and 31% compared to the same period of the previous year. KRAFTON announced its 3C23 cumulative sales as 1.376 billion KRW (1,06 billion US Dollar) and its Operating Profit as 603,8 billion KRW (465,4 million US Dollars), and achieved the highest activity Snow Margin among gaming companies listed in Korea.
This success on sales and Op is largely connected to the stable income achieved on all platforms of PUBG: BATTLEGRUNDS Ip. PUBG: BATTLEGRUNDS updated classic maps Miramar and Erangel on PC/Consol and introduced new weapons Dragunov; all of them presented new gaming experiences to users in the third quarter of 2023. Since August, users directly communicate with users and PUBG: BATTLEGRUNDS Director has actively collected feedback through live broadcasts, the company obtained sales of PC/Konsolda 133,3 billion KRW (102,7 million US Dollars.
As for the mobile, sales have reached 309,1 billion KRW (237,2 million US Dollar) by showing a 9% increase according to the previous period of 26% and the same period of the previous year. Host and provide localized content to large-scale esports competitions in India, while helping sales and traffic to return to previous levels, BGMI has even more robustened its position as the most popular game in India market with its stable new user stream.
KRAFTON, since the beginning of 2023, is a solid ground to develop its capacity as both game publisher with the strategy of “Scale-Up the Creative” (Scale-Up the Creative) and focus on the acquisition of new intellectual property and prepares itself further as the company. KRAFTON made capital investment in the total 13 global studios up to the third quarter of this year and secured the rights of broadcasting. Thus, the number of global studios in which Krafton has invested since the opening of the ring increased to 21.
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