Games & Commerce
NCSoft posts 16.1 billion won operating profit last year, returns to black
NCSoft said on Monday it returned to an annual operating profit last year after efforts to improve its business structure. The company reported 1.51 trillion won in consolidated revenue and 16.1 billion won in operating profit, with net profit of 347.4 billion won. Revenue fell 5 percent from a year earlier, while net profit jumped 269 percent as proceeds from the sale of NC Tower 1 were reflected. Fourth-quarter PC game sales rose sharply.