[Infostock Daily= Reporter An Hoe Hyun] On the 4th, SK Securities maintained its investment opinion of 'neutral' and target stock price of 205,000 won, respectively, saying that the new work gap in Pearl Abyss will continue until the end of next year, which will inevitably lead to stagnant short-term growth.
"Pearl Abyss' third-quarter sales fell 5.7% year-on-year to 126.8 billion won and operating profit rose 14.3% to 45.2 billion won, respectively, slightly below the market forecast," the company explained, adding, "This is attributable to a drop in sales of Black Desert PC, which rebounded in the second quarter, and Black Desert Mobile is attributable to a drop in sales outside Korea."
The company said, "It is expected to hold a public event of 'Red Desert', a new PC and console, with its partners by the end of this year," and explained that the absence of such a new release by the end of next year is a burden.
Reporter An Hoe Hyun ahh@infostock.co.kr