Neowiz's third-quarter sales and operating profit both fell from a year earlier.

Neowiz said on Tuesday it posted third-quarter consolidated sales of 110.5 billion won and operating profit of 9.6 billion won.

Sales fell 13 percent and operating profit dropped 64 percent from a year earlier. From the previous quarter, sales rose 8 percent and operating profit increased 21 percent.

Net loss came to 10.3 billion won, swinging to a loss both from a year earlier and from the previous quarter. Neowiz explained that losses including foreign-currency asset valuation and translation losses due to a stronger won were reflected.

◆ PC and console 39.2 billion won… mobile 56.6 billion won

Sales from PC and console games came to 39.2 billion won, down 33 percent from a year earlier but up 5 percent from the previous quarter.

The results reflected the launch effect of the Nintendo Switch 2 version of "Lies of P". The September release of "Shape of Dreams" on console platforms including Xbox, PlayStation 5 and Nintendo Switch 2 also affected results.

Mobile game sales totalled 56.6 billion won, down 3 percent from a year earlier and up 6 percent from the previous quarter.

"BrownDust2" saw sales fall due to base effects from its third-anniversary event in the previous quarter, but it extended the event through August and ran a collaboration with "Mato Seihei no Slave 2" in September.

Sales from "Kingdom2", a massively multiplayer online role-playing game released by its subsidiary Paugames, were also reflected.

Other sales came to 14.7 billion won, up 44 percent from a year earlier and up 26 percent from the previous quarter.

◆ New titles including the next "Lies of P" in development… to be unveiled sequentially from 2027

Neowiz is continuing platform expansion and live service operations for existing games, while pushing to develop new titles and expand its global publishing lineup.

Among its in-house development projects, it is focusing on improving gameplay and completion for new titles including the next installment of "Lies of P".

It is also developing a PC and console game using the intellectual property of Nihon Falcom's "The Legend of Heroes 3: White Witch". Neowiz said it has secured development and global publishing rights for the title.

It is also preparing global publishing titles including a new PC and console title being developed by U.S. game developer WolfEye Studios.

A Neowiz official said, "Third-quarter results grew from the previous quarter as platform expansion and live service for existing titles, along with performance from subsidiaries, added to the results." The official added, "From next year, we will sequentially unveil major new titles and continue to discover new growth drivers."