Neowiz Q2 Operating Profit 5.2 Billion KRW... 71% Decrease YoY

[Asia Economy Reporter Buaeri] Neowiz announced on the 12th that it recorded sales of 58.9 billion KRW and an operating profit of 5.2 billion KRW. These figures represent decreases of 18% and 71%, respectively, compared to the previous year.

The decline was influenced by decreased game sales from its Japanese subsidiary and lower mobile game revenues.

By segment, PC and console game sales amounted to 26.9 billion KRW, down 9% from the previous year. Mobile game sales were 31 billion KRW, a 26% decrease year-on-year.

Neowiz plans to improve its second-half performance through new releases. 'Bless Unleashed PC,' officially launched on Steam on the 7th, recorded 70,000 concurrent users during its first weekend and ranked 9th globally in concurrent users. The game 'Skull' is scheduled for release on the Nintendo Switch this summer. Indie games such as 'Unsouled' and 'Blade Assault,' set to launch within the year, are in their final stages of development.

For mobile games, Neowiz aims to increase sales through updates centered on 'Druwa Dungeon' and 'Death Knight Raising.' 'Kingdom: The Spark of War,' utilizing the Bless intellectual property (IP), is planned for release in the Japanese market via GameOn.

Additionally, Neowiz intends to strengthen its position as a competitive developer through multiple new projects under development, including 'P's Lie' and the next installment of 'A.V.A.'

Kim Seung-cheol, co-CEO of Neowiz, stated, "The success of Bless Unleashed PC has proven Neowiz's development capabilities, raising expectations for upcoming titles. We will reveal the projects we are preparing as soon as possible."

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