Com2uS Reports Operating Profit of 127 Billion KRW Last Year, Down 13.4% YoY

[Asia Economy Reporter Buaeri] Com2uS announced on the 12th that it recorded annual sales of 469.6 billion KRW and an operating profit of 127 billion KRW in 2019. Sales in the fourth quarter of last year were 121.6 billion KRW, and operating profit was 33.2 billion KRW.

Last year's sales and operating profit decreased by 2.5% and 13.4%, respectively. Fourth-quarter sales and operating profit increased by 4.7% and 6%, respectively, compared to the third quarter.

Com2uS praised itself for achieving operating profits exceeding 100 billion KRW for six consecutive years, driven by the global success of its flagship title "Summoners War" and the baseball game lineup's best annual performance. It earned about 373 billion KRW, approximately 80% of total sales, from overseas markets, including North America, Europe, and other Western regions, with steady performance worldwide.

Com2uS plans to make a new leap forward this year by continuously expanding its IP (intellectual property) and aggressively targeting the global market through M&A. It is preparing multiple new major titles such as "Summoners War: Lost Centuria," "Summoners War: Chronicle," "Heroes War: Counterattack," and "Buddy Crush," and aims to strengthen its global strategy based on various genres of its own intellectual property (IP). Additionally, it plans to expand collaborations, including producing mobile games based on the "Walking Dead" IP in partnership with Skybound, a global multiplatform entertainment company.

A Com2uS official stated, "We will continue to create powerful game IPs recognized worldwide by focusing on in-house development and global service capabilities and through various strategic investments. Based on this, we will expand various businesses and leap forward as a global IP company that drives the global content industry."

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