NCsoft announced their sales results for the first quarter of 2008 (ending March 31, 2008) yesterday evening. Overall sales for the year came to $84.2 million, with an operating income of $18.9 million and net profit of $7.7 million.
Citing a reduction in the cost of operating expenses due to the growing popularity of the Lineage series in Asia, as well as the Guild Wars and City of Heroes series in North America, the company significantly increased their operating profit by 63%.
“As proven once again in the Q1 financial results, we strongly believe our key franchise products, such as Lineage and Guild Wars, will meet our sales target with a strong customer base and continued content updates going forward,” said NCsoft CFO Jaeho Lee. “We plan to ensure the smooth launch of many new products in the next two to three years, which will strengthen our position as a global leader in online games.”
Tags: city of heroes, guild wars, Industry, ncsoft, sales