Written by 1:56 PM Tech

“Perbis’ operating profit in the first quarter surged 45.5%… Securities analysts exceed their expectations.”

Sales 85.4 billion won, operating profit 0.6 billion won, net profit 12.8 billion won
Operating loss of 6.1 billion won expected by securities firms exceeded
Steady performance of Black Desert…Overseas sales accounted for 82%
, ‘[Edaily Kim Hye-mi Reporter] Pearl Abyss (263750) saw its operating profit in the first quarter of this year plummet compared to the same period last year. The figures are better than securities firms’ forecasts. Pearl Abyss explained that it will lead improvement in performance through its flagship game Black Desert, ongoing changes in EVE, and the release of new intellectual property (IP).’,
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, ‘On the 10th, Pearl Abyss announced that it recorded sales of 85.4 billion won and operating profit of 6 billion won in the first quarter of this year. These figures decreased by 0.5% and 45.5%, respectively, compared to the same period last year. Meanwhile, net profit for the same period increased by 36.2% year-on-year to 12.8 billion won. It exceeded the expected first-quarter operating loss of 6.1 billion won by securities firms. Compared to the previous quarter, sales increased by 1.2%, and both operating profit and net profit turned positive.’,
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, ‘Pearl Abyss explained that Black Desert, celebrating its 10th anniversary, has steadily achieved results with overseas sales accounting for 82% of the total. In the first quarter of this year, Black Desert presented player versus player (PvP) content such as Guild League and Rose War preseason, while EVE tested the online-based first-person shooter game “EVE Vanguard” to confirm retention among core users.’,
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, ‘In the second quarter of this year, new content such as Black Desert “Land of Morning: Seoul” will be unveiled, and tests utilizing the EVE IP are planned. The upcoming title, Crimson Desert, is preparing to allow users to experience the game and build anticipation through various events such as Gamescom.’,
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, ‘Jo Seok-woo, CFO of Pearl Abyss, said, “In 2024, we will continue to deliver results through ongoing changes in Black Desert and EVE,” and added, “At the same time, we will actively start marketing for the successful release of new IPs.”‘,
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Pearl Abyss 1st Quarter Performance(Image: Pearl Abyss)

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