According to a regulatory filing released on Tuesday, the maker of "PUBG: Battlegrounds" saw its quarterly operating profit rise 7.5 percent year-on-year to 348.6 billion won.
The strong quarterly performance pushed nine-month cumulative operating profit to a record 1.05 trillion won, the first time the company has surpassed the 1 trillion won milestone since its founding.
Krafton attributed the surge to its PC platform, with revenue surging 29 percent year-on-year to hit a quarterly record of 353.9 billion won, fueled by the popularity of the PUBG franchise and various collaborations with popular artists and auto brands. Its mobile division also generated 488.5 billion won, largely due to record performance from the Battlegrounds series, exclusively available in India.
To grow its popular battle royale game, the developer plans to expand ongoing IP collaborations and upgrade it into a next-generation platform with a new game engine and more diverse, user-engaging content.
Krafton is also working on about a dozen new projects, with plans to unveil "Palworld Mobile" at the annual G-STAR gaming exhibition in Busan, slated for Nov. 13.
"We will continue to strengthen our specialized capabilities while expanding our IP lineup across various genres," Krafton said. It added that it is building a Graphics Processing Unit (GPU) cluster worth 100 billion won and developing a 500-billion-parameter foundation model in partnership with SK Telecom as part of its strategy to become a leading company in the AI-led era.
Even with strong performance, Krafton's shares fell slightly, closing at 279,000 won, down 0.18 percent from the previous session.
reporter
Kim Dong-young
davekim0807@ajupress.com
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