Netmarble Reports 2.1755 Trillion KRW Revenue Last Year, Up 7.6% YoY

[Asia Economy Reporter Buaeri] Netmarble announced on the 13th that its sales last year reached 2.1755 trillion KRW and operating profit was 201.7 billion KRW. Netmarble achieved annual sales of over 2 trillion KRW for three consecutive years.

Annual sales increased by 7.6% compared to the previous year, while operating profit decreased by 16.5%.

In the fourth quarter of last year, sales were 551.8 billion KRW and operating profit was 50.2 billion KRW. Fourth quarter sales increased by 13.3% compared to the same period last year, and operating profit rose by 32.1% year-on-year.

The overseas sales ratio in the fourth quarter reached 72%. Titles such as Lineage 2 Revolution, Marvel Contest of Champions, Cookie Jam, and The Seven Deadly Sins: GRAND CROSS consistently performed well in the North American and Japanese markets, driving the expansion of overseas sales.

On an annual basis, overseas sales maintained growth, recording 757.3 billion KRW in 2016, 1.3181 trillion KRW in 2017, 1.4117 trillion KRW in 2018, and 1.4494 trillion KRW in 2019, accounting for 67% of total sales.

Kwon Young-sik, CEO of Netmarble, said, "Last year, performance was not fully reflected due to delays in new game releases. This year, major new titles such as A3: Still Alive, scheduled for release in March, Seven Knights Revolution, Seven Knights 2, and Second Country are being developed smoothly. Existing titles like The Seven Deadly Sins, Blade & Soul Revolution, and Kungya Catch Mind are also preparing for global launches, which will further strengthen our global competitiveness."

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