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NCSoft's Q2 operating profit soars 1053% to 173.9 billion won
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

NCSoft's Q2 operating profit soars 1053% to 173.9 billion won

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • NCSoft reported a preliminary operating profit of 173.9 billion won for the second quarter, a 1053% increase year-on-year.
  • Revenue reached 770.5 billion won, up 101% from the same period last year and 38% from the previous quarter.
  • The company's net profit was 131.2 billion won, with regional revenue split as Korea 48%, Asia 25%, and North America/Europe 27%.

NCSoft has announced a significant surge in its second-quarter financial performance, reporting a preliminary operating profit of 173.9 billion won. This figure represents a remarkable 1053% increase compared to the same period last year, signaling a strong recovery and growth for the gaming giant.

The company's revenue also saw substantial growth, reaching 770.5 billion won. This marks a 101% rise from the second quarter of the previous year and a 38% increase from the first quarter of the current year. NCSoft's net profit for the quarter stood at 131.2 billion won.

Geographically, the company's revenue distribution shows a strong presence in its home market, with South Korea accounting for 48% of total revenue. Asia contributed 25%, while North America and Europe collectively made up 27% of the revenue. The remaining percentage is attributed to other regions.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.