Pearl Abyss 3Q Operating Profit 40.5 Billion KRW... 11.2% Decrease YoY

[Asia Economy Reporter Bu Aeri] Pearl Abyss announced on the 12th that it recorded sales of 118.3 billion KRW and an operating profit of 40.5 billion KRW in the third quarter.

These figures represent decreases of 11.7% and 11.2%, respectively, compared to the previous year.

In the third quarter, overseas sales accounted for 77%. By region, sales were 23% in Korea, 32% in Asia, and 45% in North America and Europe. By platform, sales were 46% on PC, 44% on mobile, and 10% on console.

Pearl Abyss increased the profitability of the 'Black Desert' and 'EVE' intellectual properties (IP) in the third quarter through stable live game services. On PC, the global update of the 'Assassin' class led to a surge in new users, resulting in the highest sales in the past three years.

On mobile, the 'Assassin' and 'Ocean' updates caused a 200% average global increase in returning and new users. The console platform also saw many new users, laying the foundation for a sales rebound.

'EVE Online' continued its growth for the third consecutive quarter due to an increase in users and expanded sales in China.

Jo Seok-woo, Chief Financial Officer (CFO) of Pearl Abyss, said, "Pearl Abyss was able to enhance the profitability of the Black Desert and EVE IPs by building a solid user base through stable game services. In the fourth quarter, we plan to raise expectations by unveiling new content for Crimson Desert and focus more on developing new games."

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