April 16, 2024

• 

“Lineage 2: Revolution” saw revenue in Korea fall 43.4 percent over the previous quarter due to stiff competition but remained strong overseas reaping 99.6 billion won in Southeast Asia and 70.1 billion won in Japan, according to analyst Kim Seong-eun. Expectations are rising in the western market as pre-registration topped 1.5 million before launch in North America and Europe next week, said the analyst. 

“Fate Grand Order,” a hit in Japan, will be released here on Nov. 21 and “Terra M” the following week. The latter in particular is popular overseas and will maintain stable revenue worldwide, forecast Kim.

Although marketing costs are rising, increasing revenue will be able to advance profitability, and despite the heightening competition the game company will be able to roll out new hits, added the analyst. 

By Hwang You-mee (glamazon@heraldcorp.com) Netmarble Games’ new launch overseas is drawing expectations, said Korea Investment and Securities on Nov. 8, maintaining a “buy” recommendation and raising the target price to 220,000 won (US$197.56) from 185,000 won.