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[Apha Biz=(Chicago) Reporter Paul Lee] Netmarble, which has been recording losses for six consecutive quarters, is raising expectations for improved performance as its recently released new games are gaining momentum.
According to industry sources on the 11th, "Seven Knights Idle Adventur," released by Netmarble on the 6th, is currently ranked No. 2 in the Google Play Store and No. 1 in the Apple App Store. It ranked fifth not only in Korea but also in Taiwan, Japan and Thailand, raising expectations for global success. It is also encouraging that it is a record made with a genre that is less profitable than MMORPG.
Netmarble's games, as well as this new one, are doing well in the domestic market for the first time in a long time.
Although Netmarble has been suffering from a deficit for six consecutive quarters, including an operating loss of 37.2 billion won in the second quarter, it is expected that it will be able to turn into a surplus by the end of this year. According to financial information provider FnGuide, Netmarble is expected to post a 11.9 billion won deficit in the third quarter before turning to a surplus of 17.6 billion won in operating profit in the fourth quarter of this year.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
