NCSoft having a good start, thanks to MMO lineup

NCSoft having a good first quarter - Image 1NCSoft is doing good quite lately in terms of sales and profits. In fact, the company just released its Q1 sales for 2007 and numbers were up 9% to 84.7 billion Korean Won (US$ 98.1 million). Profits also improved for the first four months of this year with total earnings reaching 14.1 billion KRW or roughly around US$ 15.3 million.

All of these, NCSoft noted, is due to its strong line up of MMO video game titles especially Lineage and Lineage II. Aside from this 9% increase, operating income also rose 96% all in all. Chief Finance Officer Lee Jae-ho added,

Our first quarter sales and operating income rose 9 per cent and 96 per cent respectively. Furthermore, we expect to attain sustainable growth in the second half after releasing a string of new game titles starting with the much anticipated closed beta testing on Richard Garriot’s Tabula Rasa on May 2.

The first Lineage made up 38% of sales while Lineage II snatched the bigger slice with 41%. Guild Wars, on the other hand, was able to add 14% and the tandem of City of Heroes/Villains for 7%. These numbers really mean something for the company as its total sales and profits were down as of Q4 of 2006.

Via Games Industry

NCSoft having a good first quarter - Image 1NCSoft is doing good quite lately in terms of sales and profits. In fact, the company just released its Q1 sales for 2007 and numbers were up 9% to 84.7 billion Korean Won (US$ 98.1 million). Profits also improved for the first four months of this year with total earnings reaching 14.1 billion KRW or roughly around US$ 15.3 million.

All of these, NCSoft noted, is due to its strong line up of MMO video game titles especially Lineage and Lineage II. Aside from this 9% increase, operating income also rose 96% all in all. Chief Finance Officer Lee Jae-ho added,

Our first quarter sales and operating income rose 9 per cent and 96 per cent respectively. Furthermore, we expect to attain sustainable growth in the second half after releasing a string of new game titles starting with the much anticipated closed beta testing on Richard Garriot’s Tabula Rasa on May 2.

The first Lineage made up 38% of sales while Lineage II snatched the bigger slice with 41%. Guild Wars, on the other hand, was able to add 14% and the tandem of City of Heroes/Villains for 7%. These numbers really mean something for the company as its total sales and profits were down as of Q4 of 2006.

Via Games Industry

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