NCSOFT accelerates earnings recovery

Game studio NCSOFT is showing signs of a fast profitability rebound, posting a continued earnings growth for the second quarter of this year. NCSOFT announced Tuesday its consolidated sales and operating profit for the second quarter stood at 382.4 billion won ($275.13 million) and 15.1 billion won. The numbers are up 4 percent and 71 percent year-on-year, respectively. Compared to three months earlier, sales grew 6 percent and operating profit soared 189 percent. The improvements follow a turnaround in the first quarter of this year, after the company posted operating losses throughout the second half of last year — its first operating loss in 26 years. Given that the second quarter is typically an off-season with no major new releases, the results are drawing favorable market responses. PC game sales rose 10 percent from the previous quarter to 91.7 billion won, with its massively multiplayer online role-playing game (MMORPG) AION posting 13 billion won in revenue, up 53 percent from three months earlier. Mobile game sales grew 6 percent to 219 billion won, as Lineage 2M expanded itsWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times