Krafton Q2 net income up 165.7 pct to 341.4 bln won

Krafton Inc. on Monday reported its second-quarter net income of 341.4 billion won (US$248.9 million), up 165.7 percent from a year earlier. The company said in a regulatory filing that operating income for the April-June period rose 152.5 percent on-year to 332.1 billion won. Revenue increased 82.6 percent to 707 billion won. The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 180.1 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. Source: Yonhap News Agency