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[Alpha Biz=(Chicago) Reporter Paul Lee] "The game business is expected to grow this year due to the Summoners War 10 anniversary and steady sales of six baseball games," NH Investment & Securities said on the 16th. "It is regrettable that the media and content businesses are sluggish and operating losses are continuing." Investment opinion remained neutral (Hold), but the target price rose to 48,000 won.
"Com2uS' performance in the fourth quarter of last year was 164.5 billion won, which fell year-on-year to 164.5 billion won, and operating profit continued to -17.6 billion won," NH Investment & Securities said. "It is below market consensus (-10.1 billion won)."
"Game sales fell 3.7% to KRW 126.5 billion, and there was a drop in sales of Summoners War IP, which had no special events, and off-season sports games," said NH Investment & Securities.
AlphaBIZ 폴 리(hoondork1977@alphabiz.co.kr)
