NC Reports 24.14 Billion KRW Operating Profit in Q1, Up 204%... Record Highest Quarterly Performance (Update)

Sales Amount Reaches 731.1 Billion Won... 104% Increase Compared to Previous Year

[Asia Economy Reporter Jin-gyu Lee] NCSoft (hereafter NC) achieved its best-ever first-quarter performance thanks to the strong performance of the Lineage series.

On the 12th, NC announced that it recorded consolidated first-quarter sales of 731.1 billion KRW, operating profit of 241.4 billion KRW, and net profit of 195.4 billion KRW. Compared to the same period last year, sales and operating profit increased by 104% and 204%, respectively, while net profit rose by 162%.

Sales by region were 634.6 billion KRW in Korea, 19 billion KRW in North America and Europe, 12.9 billion KRW in Japan, and 11.8 billion KRW in Taiwan. Royalty sales amounted to 52.8 billion KRW.

By product, mobile game sales reached 553.2 billion KRW, with Lineage M at 212 billion KRW and Lineage 2M at 341.1 billion KRW. PC online game sales recorded 44.8 billion KRW for Lineage, 26.4 billion KRW for Lineage 2, 10.1 billion KRW for Aion, 19.6 billion KRW for Blade & Soul, and 12.5 billion KRW for Guild Wars 2.

Mobile game sales, reflecting the effect of the Lineage 2M launch, increased by 54% compared to the previous quarter, driving performance growth. Lineage M and PC online games rose by 9% and 20%, respectively, compared to the same period last year. Royalty sales grew by 19% quarter-on-quarter due to the Taiwan update of Lineage M.

NC plans to sequentially release various new titles under development on mobile, PC, and console platforms both domestically and internationally.

This content was produced with the assistance of AI translation services.