[Featured Stock] Pearl Abyss Surges 18.68% on Unexpected Turn to Profit

Pearl Abyss, which recorded a profit in the first quarter of this year, is seeing a strong rise in its stock price. As of 9:56 AM on the 10th, Pearl Abyss is trading at 39,700 KRW, up 6,250 KRW (18.68%) compared to the previous trading day.

Pearl Abyss 'Red Desert' Gameplay Video

On this day, Pearl Abyss announced that its consolidated first-quarter sales amounted to 85.4 billion KRW, with an operating profit of 600 million KRW. Although sales and operating profit decreased by 0.5% and 45.5% respectively compared to the same period last year, the company turned a profit compared to the previous quarter.

Initially, an operating loss was expected in the first quarter due to the prolonged development of new titles such as Red Desert, but the company reversed this and recorded a profit. Red Desert is scheduled to be showcased to users at events such as Gamescom, Europe’s largest game show, later this year.

Another anticipated new title, Dokkaebi, is being developed simultaneously using the Red Desert engine. A Pearl Abyss representative stated, "We are continuously allocating personnel to Dokkaebi. We are internally considering releasing additional videos, but will plan this after the external unveiling of Red Desert."

This content was produced with the assistance of AI translation services.