bullish
Krafton: India & Improving Shareholder Return Policy Likely to Lead to Further Outperformance
612 Views21 May 2023 03:19
There is a high likelihood of the Indian authorities fully approving the BGMI game after three months of trial. Plus, it has a solid pipeline of new games under development.
Boomeranged on Wed, 8 Nov 2023 17:59
Krafton's share price is up 11% today after better than expected results in 3Q 2023. It had sales of 450 billion won (up 3.8% YoY) and operating profit of 189 billion won (up 30.9% YoY) in 3Q 2023. Krafton's BGMI (Mobile PUBG Indian version) improved in both sales after resuming service in May. It also had lower than expected labor costs, commissions, and stock compensation costs in 3Q 2023.
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