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Krafton profits up to $171.5 million despite lowest quarter since 2020

Krafton, the Korea-based publisher behind PlayerUnknown's Battlegrounds, released its Q3 financial results alongside news on how it's expanding its collection of studios.

The company reported that it saw revenues of $328.5 million and net profits of $171.5 million, the latter marking a year-on-year improvement of 27%.

Krafton also announced it plans to acquire Neon Giant, the developer behind The Ascent, and open a new studio in Canada. Here's what you need to know:

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source https://www.gamesindustry.biz/krafton-profits-up-to-1715-million-despite-lowest-quarter-since-2020