[Public Notice+] D&C Media Q3 Operating Profit 3.6 Billion KRW... Up 74.2% YoY

[Asia Economy Reporter Koo Eun-mo] D&C Media has recorded its highest-ever performance for the third consecutive quarter.

D&C Media announced on the 13th through a public disclosure that its operating profit based on consolidated financial statements for the third quarter of this year reached 3.6 billion KRW, a 74.2% increase compared to the same period last year. During the same period, sales increased by 39.3% to 15.5 billion KRW, and net profit rose by 84.8% to 3 billion KRW. With record-breaking results for three consecutive quarters, the cumulative performance for the third quarter recorded sales of 42.2 billion KRW, operating profit of 9.5 billion KRW, and net profit of 7.8 billion KRW.

A company representative explained, “The accumulation of popular intellectual properties (IP) and overseas redistribution have driven solid growth.” The flagship work, "Solo Leveling," resumed serialization of Season 2 in August, and the novel comic "The Villain’s Ending is Death," launched in May, gained popularity and contributed to volume expansion. As of the cumulative third quarter, overseas sales accounted for 25.7%.

D&C Media plans to foster both web novel and webtoon businesses through continuous production of killer content. They will strengthen planning capabilities in the web novel sector, where story development skills are crucial, and prepare to launch new works early next year through collaboration with The Ant, a webtoon-specialized studio.

The company is also accelerating diversification of overseas markets and its One Source Multi Use (OSMU) strategy. Building on success in the Japanese market, it plans to expand platforms supplying works in Europe and North America, and extend popular IPs such as "The Emperor’s Only Daughter" and "Solo Leveling" into various content forms including dramas, movies, and games.

Shin Hyun-ho, CEO of D&C Media, emphasized, “Rather than simply increasing the number of works, we are focusing on producing high-quality works with broad readership and scalability. Now is the right time to capture the blossoming overseas web content market, and we will nurture super IPs that readers worldwide can enjoy and steadily grow in the global market.”

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