[Special Stock] Kakao Games Falls Over 1.5% on 3Q Earnings Slump
![[Special Stock] Kakao Games Falls Over 1.5% on 3Q Earnings Slump](http://www.asiae.co.kr/news/img_view.htm?img=2021080408530162782_1628034781.jpg)
[Asia Economy Reporter Lee Jung-yoon] Kakao Games' stock price is weak after disclosing its lackluster preliminary earnings for the third quarter of this year.
As of 9:31 a.m. on the 2nd, Kakao Games was trading at 39,000 won, down 1.52% (600 won) from the previous trading day.
Hot Picks Today
"Suspicious Timing?"...Trump Traded Stocks After Praising Wartime Capabilities
- "Even If I Lose My Investment, the Government Will Cover It"... The Fund Attracting Retail Investors' Attention [Weekend Money]
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- "I Went to 10 Convenience Stores and Still Couldn't Buy It": The Bread Sensation That Sold 100 Million Units Already [The Way We Shop Now]
- "Contact Me First If Houses Are Built": Wealthy Clients Eyeing... Will Ultra-High-End Residences Worth 20 Billion Won Be Developed? [Real Estate AtoZ]
On this day, Kakao Games announced that its third-quarter sales were preliminarily estimated at 306.887 billion won, down 34.17% compared to the same period last year. Operating profit was preliminarily estimated at 43.728 billion won, up 2.30%, and net profit was preliminarily estimated at 11.277 billion won, down 74.56%.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
