[Breaking] Pearl Abyss Posts Q2 Operating Profit of KRW 67.6 Billion... Surges 7,388.9% Year-over-Year
Pearl Abyss recorded an operating profit of over KRW 67.6 billion on a consolidated basis in the second quarter, posting an explosive growth rate of 7,388.9% compared to the same period last year. According to a Pearl Abyss disclosure on the 11th, consolidated revenue for the second quarter of 2026
![[Breaking] Pearl Abyss Posts Q2 Operating Profit of KRW 67.6 Billion... Surges 7,388.9% Year-over-Year](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F06%2F581031%2F0c2a8f5a6d5bef88%2Foriginal.webp&w=1920&q=75)
Pearl Abyss recorded an operating profit of over KRW 67.6 billion on a consolidated basis in the second quarter, posting an explosive growth rate of 7,388.9% compared to the same period last year.
According to a Pearl Abyss disclosure on the 11th, consolidated revenue for the second quarter of 2026 was tentatively tallied at KRW 192.611 billion. This represents a 41.4% decrease from the previous quarter (KRW 328.499 billion) but a 247.8% increase compared to the same period last year (KRW 55.385 billion).
Operating profit for the same period stood at KRW 67.625 billion. While this is a 68.1% decline from the previous quarter (KRW 212.096 billion), it marks a 7,388.9% surge compared to the same period last year (KRW 0.903 billion).
Profit from continuing operations before income tax expense was KRW 79.615 billion, down 65.1% from the previous quarter, but swung to a profit from a loss of KRW 17.725 billion in the same period last year. Net income also reached KRW 99.542 billion, down 37.0% from the previous quarter, but successfully returned to profitability compared to the same period last year (net loss of KRW 22.7 billion).
The company's cumulative performance for the first half of the year is also notable. Cumulative revenue for the first half was KRW 521.109 billion, up 339.3% from the same period last year, while cumulative operating profit rose 3,091.0% to KRW 279.722 billion. Cumulative net income for the first half was KRW 257.511 billion, swinging to a profit from a net loss of KRW 22.201 billion in the same period last year.
Meanwhile, Pearl Abyss confirmed the divestment of certain consolidated subsidiaries through a board of directors meeting on April 30. The company classified subsidiaries including Penlris Creation (formerly CCP ehf.) as discontinued operations and completed the sale on May 6. Accordingly, revenue, operating profit, and profit from continuing operations before income tax for the current and prior periods, as well as the same period last year, were prepared on a continuing operations basis.
These figures are preliminary results based on consolidated financial statements prepared in accordance with K-IFRS. The company added that the external auditor's accounting review has not yet been completed, and some details may change during the subsequent review process.
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