[Alpha Biz=(Chicago) Reporter Paul Lee] Kakao Games has achieved its best performance since its foundation last year due to the promotion of its flagship game Odin: Valhalla Rising (Odin).
Kakao Games announced on the 8th that it recorded annual sales of 1.1477 trillion won and operating profit of 177.7 billion won last year. Sales and operating profit rose 13.4% and 58.8%, respectively, year-on-year.
However, it seems to have slowed down when looking at the fourth quarter alone. In the fourth quarter, Kakao Games recorded sales of 235.7 billion won and operating profit of 10.8 billion won, down 17.8% and 76.2% from the same period last year, respectively.
This year, it plans to expand its scope to the global market to secure growth potential.
Alphabiz Reporter Paul Lee(hoondork@alphabiz.co.kr)
