[Click eStock] "NHN, Positive Outlook with Board Game Regulation Easing and Data 3 Acts Passing"

Ebest Investment & Securities Presents 'Buy' Investment Opinion and Target Price of 93,000 Won... Closing Price on the 10th at 74,600 Won

[Asia Economy Reporter Geum Bo-ryeong] There is a forecast that the easing of board game regulations and the passage of the Data 3 Act could act as positive factors for NHN.

According to Ebest Investment & Securities on the 13th, NHN's consolidated operating performance for the fourth quarter of last year is estimated at 388.8 billion KRW in sales and 24.4 billion KRW in operating profit. These figures represent an 11% increase compared to the previous quarter for both sales and operating profit.

The non-gaming sector is showing balanced growth across its businesses. In the case of Payco, quarterly transaction volume has steadily increased from 1.3 trillion KRW in the first quarter of last year to 1.4 trillion KRW in the second quarter and 1.5 trillion KRW in the third quarter.

The gaming sector is likely to benefit from the easing of board game regulations. Sung Jong-hwa, a researcher at Ebest Investment & Securities, stated, "Above all, it is necessary to pay attention to the potential benefits related to the easing of board game regulations in March. When the board game regulations were first implemented in February 2014, related companies experienced nearly a 50% decrease in board game sales, so it is expected that the easing of regulations this March will result in a significant increase in sales."

The passage of the Data 3 Act is also expected to act as a positive factor. Researcher Sung said, "The fact that mid-interest tailored loans and the MyData business have gained momentum is also a very favorable point for data valuation."

Ebest Investment & Securities has issued a 'Buy' rating for NHN. The target stock price was raised by 16% from the previous 80,000 KRW to 93,000 KRW. The closing price on the 10th was 74,600 KRW.

This content was produced with the assistance of AI translation services.