PUBG Publisher Krafton's Q3 Operating Profit Down over 35 Pc Despite Increase in Sales
6 Articles
6 Articles
(Seoul = Yonhap News) Reporter Kim Ju-hwan = Despite achieving record-high revenue, Krafton... in the third quarter... due to the fallout from rising operating expenses and differences in the timing of 'Battlegrounds' updates
Krafton Q3 Operating Profit Falls 35.5% Although Krafton saw an increase in total revenue in the third quarter of this year due to the reflection of sales from its advertising and content businesses, its operating profit decreased by 35.5% compared to a year ago. Profitability declined as PC game revenue dropped by over 30% and operating expenses increased. Krafton's 3rd...
PUBG publisher Krafton's Q3 operating profit down over 35 pc despite increase in sales
Digital Desk | Seoul/New Delhi, Nov 10 (IANS) Krafton, a South Korean game publisher known for its smash-hit title 'PUBG: Battlegrounds', said on Tuesday its operating profit fell 35.5 percent despite a sales increase, amid investments for new projects and other factors. The company reported an operating income of 225 billion won ($168.5 million) in the July-September period, according to its regulatory filing, reports Yonhap news agency. On …
PUBG publisher Krafton’s Q3 operating profit down over 35 pc despite increase in sales
Seoul/New Delhi, Nov 10 (SocialNews.XYZ) Krafton, a South Korean game publisher known for its smash-hit title 'PUBG: Battlegrounds', said on Tuesday its operating profit fell 35.5 percent despite a sales increase, amid investments for new... - Social News XYZ
[Digital Daily Reporter Lee Hak-beom] Krafton achieved its highest-ever performance, recording cumulative revenue of 3.633 trillion won through the third quarter of this year. This was driven by the growth of its flagship game, 'Battlegrounds,' and revenue from new businesses. However, operating profit decreased by 35.5% compared to the same period last year. On the 10th, Krafton announced that it recorded consolidated revenue of 971.4 billion …
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