[Asia Economy Reporter Seungjin Lee] Krafton’s flagship title, 'Battlegrounds,' continued to deliver steady results, achieving solid performance last year.
On the 7th, Krafton announced that its consolidated revenue for last year reached 1.854 trillion KRW, with an operating profit of 751.6 billion KRW. These figures represent a 1.7% decrease and a 15.5% increase respectively compared to the previous year, surpassing market expectations.
Notably, the fourth quarter results stood out. The company recorded revenue of 473.6 billion KRW and an operating profit of 137.1 billion KRW for the quarter. Operating profit increased by 178.8% year-over-year.
Krafton explained, “Operating profit improved due to stable business operations and cost efficiency.”
This year, Krafton plans to shift from focusing solely on in-house development capabilities to strengthening its publishing capabilities. To this end, the company will also undertake internal organizational restructuring. Detailed management performance will be shared during the conference call scheduled for the 8th.
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