2017 is expected to be a big year for initial public offerings in South Korea, with leading online game developer Netmarble Games and the marketing affiliate of biopharmaceutical giant Celltrion likely to attract a few trillion won each.

Bourse operator Korea Exchange said that last month it gave the green light to Netmarble to list. The company is growing quickly thanks to its extensive lineup of games, including such titles as “Lineage II Revolution” and “Seven Knights.” For the first half of 2016, Netmarble posted sales of 678 billion won ($568.5 million), an operating profit of 112.1 billion won and a net profit of 87.2 billion won.

Source: Asian Nikkei

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