Nexon Q2 Operating Profit 157.7 Billion KRW... 42% Decrease YoY (Update)

[Asia Economy Reporter Buaeri] Nexon announced on the 11th that it recorded sales of 573.3 billion KRW and operating profit of 157.7 billion KRW in the second quarter. These figures represent a decrease of 13% and 42% respectively compared to the previous year.

For the first half of the year, Nexon posted sales of 1.4722 trillion KRW and operating profit of 601.1 billion KRW.

Mobile game sales in the Korean region grew by 14% compared to last year. The company explained that 'Baram-ui Nara: Yeon' led the performance by presenting strategic content.

Flagship PC games 'Sudden Attack' and 'FIFA Online 4' also received positive responses. In particular, 'Sudden Attack,' which celebrated its 16th anniversary this year, grew by 136% compared to the previous year.

After taking a 'breather' in the second quarter, Nexon plans to counterattack with multiple new titles.

On the 5th, Nexon revealed its future growth plans through a media briefing, unveiling seven new titles including 'Project Magnum' and 'Project HP,' as well as the sub-brand 'Project Early Stage.' Last month, it established a Film & Television organization to expand its intellectual property (IP) business.

Owen Mahoney, CEO of Nexon Japan, said, "Nexon is developing numerous new titles based on a multiplatform foundation to lead the company's new future. We aim for long-term growth in the global market through expanding the value of excellent global IPs and discovering and nurturing new IPs."

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