NCSoft 2Q Operating Profit 209 Billion KRW... 61% Increase YoY (Update)
[Asia Economy Reporter Buaeri] NCSoft announced on the 13th that it recorded sales of 538.6 billion KRW and an operating profit of 209 billion KRW in the second quarter. This represents an increase of 31% and 61% respectively compared to the previous year. Compared to the previous quarter, sales and operating profit decreased by 26% and 13%, respectively.
NCSoft recorded lower sales and operating profit than the first quarter, which achieved the highest sales ever due to the launch effect of Lineage 2M, but the second quarter performance was relatively strong.
Notable achievements were seen in the mobile game sector. NCSoft's "Lineage siblings (Lineage M and Lineage 2M)" hold the 1st and 2nd places respectively in Google's revenue rankings. At one point, Lineage 2M lost the 2nd place to Nexon's new mobile title "Baram-ui Nara: Yeon" but reclaimed the position and continues its upward trend. Lineage M recorded sales of 159.9 billion KRW, and Lineage 2M recorded 197.3 billion KRW.
For PC online games, Lineage recorded 34.3 billion KRW, Lineage 2 25.8 billion KRW, Aion 8.2 billion KRW, Blade & Soul 19.8 billion KRW, and Guild Wars 2 15.6 billion KRW in sales. Guild Wars 2 saw a 25% increase in sales compared to the previous quarter due to an increase in the number of players and average playtime, and Lineage 2 maintained solid performance with a 21% increase in sales compared to the same period last year.
Sales by region were 427.6 billion KRW in Korea, 24.1 billion KRW in North America and Europe, 15.1 billion KRW in Japan, and 9.5 billion KRW in Taiwan, with royalty sales of 62.3 billion KRW. Royalty sales increased by 21% year-on-year due to a large-scale update of Lineage M in Taiwan.
Hot Picks Today
"It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
NCSoft is currently developing various games on PC, console, and mobile platforms, including Project TL, Blade & Soul 2, and Trickster M. Additionally, in the second half of the year, the domestic release of "Blade & Soul 2," utilizing NCSoft's popular intellectual property (IP), and the global release of Lineage 2M are scheduled.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.