Nexon Co., Ltd. reported higher first-half results and issued a nine-month outlook on Thursday. For the nine months ending September 30, the company expects profit attributable to owners of parent in the range of ¥105.088 billion to ¥112.505 billion, representing growth of 29.4 percent to 38.6 percent year-over-year, with basic earnings per share between ¥133.58 and ¥143.00. Operating profit is projected in the range of ¥112.052 billion to ¥121.716 billion, between a drop of 4.1 percent and growth of 4.2 percent year-over-year, while consolidated revenue is expected to be between ¥394.042 billion and ¥406.746 billion, up 12.1 percent to 15.7 percent from last year. In the first half, attributable profit totaled ¥86.864 billion or ¥109.67 per share, a growth of 101.9 percent from ¥43.030 billion or ¥52.93 per share last year, with operating profit up 12.8 percent to ¥89.447 billion and revenue up 17.4 percent to ¥273.310 billion from ¥232.784 billion. In Japan, the shares closed Thursday's trading at ¥2,521.50, down 0.20 percent.
NEXON Co., Ltd.Nexon reported higher first-half results and raised its nine-month outlook, indicating strong financial performance.
