[Click eStock] "Com2uS Expected to Apply New Release Momentum This Year"

Ebest Investment & Securities Presents 'Buy' Investment Opinion and Target Price of 140,000 Won... Closing Price on 16th at 109,000 Won

[Asia Economy Reporter Kum Boryeong] An analysis has emerged that Com2uS will see a full-scale new release momentum starting from the end of the first quarter this year.

According to Ebest Investment & Securities on the 17th, Com2uS's fourth-quarter results last year are expected to be 125.4 billion KRW in sales and 33.6 billion KRW in operating profit. These figures represent increases of 8% and 7.2%, respectively, compared to the previous quarter. This appears to reflect the sales of the 'Summoners War SWC 2019' package, which began in October last year, as well as the peak season effect of baseball games such as the professional baseball postseason.

Sales are expected to grow this year based on new release momentum. Sung Jonghwa, a researcher at Ebest Investment & Securities, said, "Sales have been declining over the past three years until this year, mainly due to heavy dependence on Summoners War and weak new release momentum. However, this year, while Summoners War continues to play a solid cash cow role, sales growth potential is expected to significantly improve with the hit of anticipated new releases such as Summoners War: Chronicle in the second quarter and Summoners War MMORPG in the second half." He added, "We believe that full-scale new release momentum will likely form from the end of the first quarter to early second quarter, before the launch of Summoners War: Chronicle."

Accordingly, Ebest Investment & Securities has issued a 'Buy' investment opinion. The target stock price was raised from 120,000 KRW to 140,000 KRW. The closing price on the 16th was 109,000 KRW. Researcher Sung said, "Over the past three years, the stock price has been sluggish due to poor growth caused by the absence of new release momentum, but this year, new release momentum is expected to resume centered on anticipated new titles."

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