Pearl Abyss Achieves Annual Record Revenue of 538.9 Billion KRW Last Year

[Asia Economy Reporter Buaeri] Pearl Abyss announced on the 13th that it achieved annual sales of 538.9 billion KRW and an operating profit of 153.8 billion KRW last year.

Pearl Abyss achieved its highest annual sales with a 33.1% increase compared to the previous year, thanks to the global expansion of the 'Black Desert' intellectual property (IP) and platform diversification.

Last year's fourth quarter results showed sales of 119.6 billion KRW and operating profit of 39.1 billion KRW, increasing by 20.1% and 101.8% respectively compared to the same period last year.

Pearl Abyss explained, "'Black Desert Console' contributed to sales growth by launching the Xbox One version in March and the PlayStation 4 version in August last year, servicing North America, Europe, Japan, Korea, and Australia," adding, "It proved the potential in the global console market, which could be considered a barren land for massively multiplayer online (MMO) games."

Black Desert Mobile expanded into Japan in February last year, and North America, Europe, and Southeast Asia in December. It continues its service by pioneering the mobile MMO genre through large-scale content updates and user-centered events.

Black Desert showed steady growth globally with continuous large-scale updates such as 'Age of the Ocean' and 'Guardian' and stable service. It was also selected as the 'Best Massively Multiplayer Online Role-Playing Game (MMORPG) of 2019' in regions including North America, Germany, and Russia.

Jo Seok-woo, CFO (Chief Financial Officer) of Pearl Abyss, stated, "Pearl Abyss created the Black Desert IP and expanded its service regions globally, achieving continuous growth," and added, "This year, we will thoroughly prepare for the development and service of new projects along with technical and business measures to adapt to the changing environment."

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