Daishin says Studio Dragon profitability is improving, but cuts profit forecasts
Daishin Securities said Studio Dragon's profitability was improving as production volumes recovered and costs became more efficient. Studio Dragon's third-quarter revenue rose 17% year on year to about 160 billion won, while operating profit increased 44% to 15.1 billion won. However, the brokerage lowered its operating profit forecasts for 2026 from 48 billion to 44 billion won and for 2027 from 64 billion to 56 billion won.