Netmarble's stock price is rising more than 11% in early trading.
According to the Korea Exchange on the 9th, as of 9:18 a.m. that day, Netmarble's stock price was recorded at 49,900 won, up 11.01% (4,950 won) compared to the previous trading day.
In the first quarter, an 'earnings surprise' led to a rise in stock prices. In particular, operating profit increased by 1,243.2% to 49.7 billion won (preliminary) compared to the same period last year.
Previously, FnGuide's average (consensus) forecast for Netmarble's first quarter was sales of 607.1 billion won and operating profit of 30.5 billion won. Sales also exceeded the forecast at 623.9 billion won.
The newly released RF Online Next and Solo Leveling: Arise, which were launched on March 20, served as driving forces for the sales growth.
Meanwhile, at the same time on the alternative exchange NextTrade, Netmarble's stock price rose 11.23% to record 50,000 won compared to the previous day.