[Featured Stock] Netmarble Declines on 1Q Earnings Below Consensus

Netmarble is showing a weak performance after posting results below consensus estimates.

As of 9:26 AM on the 12th, Netmarble was trading at 58,600 KRW, down 9.85% from the previous trading day.

Netmarble announced that it recorded sales of 602.6 billion KRW and an operating loss of 28.2 billion KRW in the first quarter of this year. These results fell short of the estimated sales of 616.9 billion KRW and an operating loss of 23.9 billion KRW.