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title NCSOFT Announces Financial Results for Second Quarter 2019
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date 2019.08.02

- Quarterly consolidated revenue posted KRW 410.8 billion with operating profit of KRW 129.4 billion and net income of KRW 116.9 billion

PANGYO, Korea (August 2, 2019) - NCSOFT, a global premier game developer and publisher, today announced the financial results for its second quarter ending June 30, 2019. The company posted global consolidated quarterly revenue of KRW 410.8 billion, operating profit of KRW 129.4 billion and net income of KRW 116.9 billion.

NCSOFT’s quarterly revenue, operating profit and net income respectively reported an increase of 15%, 63% and 56% QoQ. Its revenue, operating profit and net income posted a decrease of 6%, 19%, 17% YoY to the year-ago quarter.

Revenue breakdowns by products are as follows: △mobile games with KRW 223.8 billion, △Lineage with KRW 50.1 billion, △Lineage 2 with KRW 21.2 billion, △AION with KRW 12.4 billion, △Blade & Soul with KRW 21.1 billion, and △Guild Wars 2 with KRW 15.9 billion.

Regional revenue for each territory showed: △KRW 310.6 billion in Korea, △KRW 25.2 billion in North America and Europe, △KRW 14.6 billion in Japan, and △KRW 8.8 billion in Taiwan. Royalty revenue was KRW 51.6 billion.

Mobile games revenue saw an increase of 13% QoQ and 7% YoY affected by Lineage M’s new episode update and 2nd Anniversary update. PC games revenue resulted in 28% growth compared to the previous quarter. After the Remaster update, Lineage players doubled. Lineage2’s revenue recorded 58% growth in comparison with the last quarter.

NCSOFT's flagship mobile MMORPG, Lineage 2M is expected launch in the second-half of 2019 using Lineage 2 IP.

For additional information on NCSOFT's second quarter financial results, please visit the Investor Relations section of NCSOFT's website at http://global.ncsoft.com/global/ir/earnings.aspx.

 

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