NCsoft's Q2 Profits Jump 451%
Posted 12 August 2009 - 10:00 AM
NCsoft just lost two key people in the West, but its business overall is going strong. Today the Korean MMO publisher announced its second-quarter and first-half earnings, noting that net income was up a whopping 451% in Q2, totaling 33.75 billion Korean won (US$27.3 million). Sales were up 70% to 137.77 billion Korean won. Operating profit was also way up, climbing 353% to 47.5 billion won
Aion, which launched last November in Korea and this July in Japan and Taiwan, brought in 40.6 billion Korean won. Lineage II wasn't far behind, generating 37.36 billion Korean won, followed by the first Lineage at 27.48 billion Korean won. City of Heroes, City of Villains, Guild Wars and others made up the remaining sales.
Thanks to the company's strong performances in the first couple quarters, NCsoft also raised its outlook for the full year to 586 billion Korean won ($470 million) in sales and 180 billion won ($144 million) in operating profit.
Posted 12 August 2009 - 10:03 AM
Good News Everyone! I think I've perfected a plague that will destroy all life on Azeroth!
Posted 12 August 2009 - 10:05 AM
Posted 12 August 2009 - 10:27 AM
Posted 12 August 2009 - 10:57 AM
Posted 12 August 2009 - 11:03 AM
If they skydive to their own pile of crap it won't be that great :p
I however personally don't think that Garriot brothers were a loss at all, in fact they got b00ted.
Swordscream - L50 Gladiator
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