NCSoft having a good start, thanks to MMO lineup
NCSoft 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 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