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[Alpha Biz=(Chicago) Reporter Paul Lee] NH Investment & Securities analyzed on the 16th that Pearl Abyss will inevitably suffer an operating loss this year due to the delay in the release of its new "Crimson Desert." The investment opinion remained 'buy' and the target price was lowered to 50,000 won from the previous 70,000 won.
"Pearl Abyss' fourth-quarter earnings fell 18% year-on-year to 84.4 billion won and operating loss to 5.5 billion won," NH Investment & Securities said.
NH Investment & Securities said, "We have lowered our earnings estimates for this year due to the delay of 'Crimson Desert,' which was expected to be released this year, but performance may recover with the release of new games in 2025." He added, "Once Crimson Desert marketing begins in earnest starting in the summer, we will be looking forward to new releases."
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
