NCsoft Strengthens Earnings Momentum with Lineage W Release
[Asia Economy Reporter Hyungsoo Park] Korea Investment & Securities analyzed on the 22nd that the stock price momentum of NCSoft in the second half of this year will be driven by the release of 'Blade & Soul 2' followed by Lineage W.
Jung Hoyoon, a researcher at Korea Investment & Securities, said, "On the 19th, a showcase revealed the upcoming new title 'Lineage W' scheduled for release in the second half of the year," emphasizing, "NCSoft introduced Lineage W as a project prepared with the mindset of developing the 'last Lineage' and described it as the 'definitive edition of the Lineage IP.'"
He added, "From the development stage, it was aimed not only at the domestic market but also at targeting overseas markets," and continued, "While inheriting the core competitiveness of the existing Lineage's combat system to the fullest, the story elements were emphasized to suit overseas users' preferences, and the existing clan battles were expanded into a national competition concept."
Researcher Jung emphasized, "With the additional release of Lineage W following Blade & Soul 2 on the 26th, the momentum for new titles has become stronger," and "From the first quarter of next year, reflecting the sales of both games, performance is expected to improve rapidly."
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He estimated the average daily sales for the first six months of Blade & Soul 2 to be 2.2 billion KRW and for Lineage W to be 2.5 billion KRW. Operating profit is expected to reach 362.6 billion KRW in the first quarter of next year, an increase of 539.2% compared to the same period last year.
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