Krafton is experiencing a rise in its stock following the announcement of record earnings for the first half of the year.
According to the Korea Exchange, as of 9:29 a.m., Krafton shares were trading at 252,000 won, up 8,000 won (3.28%) from the previous trading day.
On the previous day, Krafton reported consolidated first-half revenues of 2.66 trillion won and an operating profit of 972.5 billion won. These figures represent increases of 73.3% and 38.3%, respectively, compared to the same period last year. Both revenue and operating profit are the highest recorded for any first half, with the operating profit already reaching 92% of last year's total annual profit.
For the second quarter of this year, revenue was reported at 1.29 trillion won, a 94.9% increase year-on-year, while operating profit rose 67% to 410.9 billion won. Both metrics are the highest ever recorded for a second quarter.
The strong performance has garnered positive evaluations from analysts. Oh Dong-hwan, a researcher at Samsung Securities, stated, "In the second half, we expect continued revenue growth compared to last year due to the release of two well-made game modes, UGC updates, and various IP collaborations including animation, supercars, and idols. The five new titles set to be unveiled at Gamescom in Germany this August are expected to drive further growth from the fourth quarter of this year through 2027."
* This article has been translated by AI.
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