DS Investment & Securities predicted that Kakao Games will be fully reflected in 'Odin' performance on the 17th.

It is analyzed that Odin's box office success and his existing works have recorded stable performance. Maintaining 'buying'investment opinion, the target price was 92,000 won, up 55.9% from the previous 59,000 won.

Currently, Kakao Games shares are 71,300 won as of the 16th. DS Investment & Securities said, "We expect Kakao Games' performance in the third quarter to be sales of 370.7 billion won and operating profit of 77.3 billion won," and explained, "It has consistently ranked first in sales even after the launch of the competition.".

DS Investment & Securities estimated that "Odin's daily sales level will exceed 2.5 billion won.". DS Investment & Securities predicted, "This performance will be reflected in the third quarter and will show significantly improved performance compared to the second quarter by stabilizing the performance of existing intellectual property (IP), including the recently released World Ripper.".

Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com

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