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Games & Commerce
NCSoft posts sharp rebound in first-quarter profit on success of new releases
NCSoft said its first-quarter revenue rose 54.7 percent from a year earlier to 557.4 billion won, helped by consecutive hits from new releases Aion2 and Lineage Classic. Operating profit jumped 2,070.1 percent to 113.3 billion won and net profit rose 306.4 percent to 152.4 billion won. PC game sales hit a quarterly record. The company plans to start global service for Aion2 in the second half.
Games & Commerce
NCSoft forecasts 1,681 percent jump in Q1 operating profit as revenue structure shifts
NCSoft is expected to post a 1,681.5 percent surge in first-quarter operating profit from a year earlier, as its revenue structure shifts rather than benefiting only from a low base effect, an analysis said. Forecasts put Q1 sales at 518.1 billion won and operating profit at 93.0 billion won. Analysts cited contributions from Aion2 and Lineage Classic, while noting lingering cost pressures and the importance of Aion2’s global launch.
Games & Commerce
NCSoft unveils three core growth strategies, targets 5 trillion won revenue by 2030
NCSoft said it will pursue three core growth strategies to usher in an era of 5 trillion won in revenue by 2030. The company plans to strengthen legacy intellectual property including Lineage and Guild Wars 2, build a two-track pipeline of in-house development and publishing, and develop a mobile casual games ecosystem. It set a 2026 revenue target of 2.5 trillion won and aims for an ROE of at least 15 percent by 2030.
