Sign in with Google. Opens in new tab
bullish

Krafton

Krafton: India & Improving Shareholder Return Policy Likely to Lead to Further Outperformance

742 Views20 May 2023 19:19
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 09:59
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. 
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 10-minute read)
Related Insights
More »
    Loading
Trending Collections
More »
    Loading
Trending Insights
More »
    Loading
Top Unpaywalled Insights
More »
    Loading
Discussions
(Paid Plans Only)
chart-bar
x