South Korean holding company and video game publisher Krafton recorded record-breaking earnings for 2024, with all-time highs in both its sales and operating profits. Krafton is perhaps best known as the publisher behind the highly successful PUBG: Battlegrounds, as well as being the parent company of subsidiaries like TERA's Bluehole Studios and Subnautica's Unknown Worlds Entertainment, all of which have contributed to the Korean company reporting massive earnings increases in 2024.
Founded in 2018 as a parent company to Bluehole, Krafton began as a holding company for its internal video game properties before expanding to acquire other studios as subsidiaries. Krafton has since grown to be one of the largest video game companies in South Korea and has expanded its IP ownership to include hit video games like Subnautica and Hi-Fi Rush. With a number of big projects planned for 2025, Krafton has revealed the impressive growth it experienced in 2024 and how these trends may shape its future endeavors.
Krafton unveils the first PUBG: Battlegrounds spin-off, and gives details about the game that players will be able to check out soon.
According to consolidated financial statements under Korean International Financial Reporting Standards, Krafton recorded over...
