Pearl Abyss Corp. Announces Earnings Results for the Fourth Quarter and Fiscal Year 2019
February 12, 2020
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Pearl Abyss Corp. announced earnings results for the fourth quarter and fiscal year 2019. For the quarter, the company reported revenue posted KRW 119.6 billion, a 11.0% decline quarter on quarter. Operating profit posted KRW 39.1 billion, a 1.0% decrease quarter on quarter and net profit posted KRW 49.6 billion, a 13.2% increase quarter on quarter.
For the year, the company posted operating revenue of KRW 538.9 billion, a 33% growth Year on Year. Operating profit was KRW 153.8 billion, a 8.5% drop quarter on quarter.
PearlAbyss Corp is a Korea-based company principally engaged in the development and publishing of online games. The Company operates its business through two segments. The Game Business segment develops and supplies games called Black Desert. The Other Business segment engage in the development and sales of game servers and network engines, investment and management consulting.
PEARL ABYSS CORP. 
