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NCSoft Profits on GameSpot

Posted Nov 08, 2005 by Dana Massey

NCSoft Profits on GameSpot

GameSpot has posted an interesting report on the buisness health of major publisher NCSoft. The company is best known to North American fans for City of Heroes (and Villains), Lineage II, Auto Assault, Tabula Rasa and Guild Wars.

In its report, NCsoft compared its figures to those form its second quarter this year, and from that perspective, the numbers are great. Total revenues are up 10 percent from Korean Won (KRW) 79.7 billion ($76.3 million) to KRW 87.8 ($84.1 million), while net profits rose 57 percent from KRW 12.9 billion ($12.3 million) to KRW 20.4 billion ($19.5 million).

However, had the company compared its numbers against those from the same period of time last year (which would account for seasonal trends), it would have touted even higher revenues, but lower profits. Revenues for this quarter were actually 15 percent higher than the KRW 76.5 billion ($73.3 million) the company reaped in the third quarter last year, but net profits were down 10 percent from KRW 22.6 billion ($21.7 million).

You can read their full article here.

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