NC posts solid Q2 earnings, overseas sales surpass domestic
Game developer NC posted solid earnings figures for the second quarter of this year, driven by strong overseas revenue which surpassed domestic sales. During its earnings call on Tuesday, NC announced 770.5 billion won ($543.6 million) in sales and 173.9 billion won in operating profit for the April-June period. The figures represented year-on-year increases of 101 percent and 1,053 percent,…
The video game developer NC reported strong earnings for the second quarter of the year, primarily due to robust overseas sales that surpassed domestic revenue. During the company's earnings call on Tuesday, NC disclosed sales of 770.5 billion won ($543.6 million) and an operating profit of 173.9 billion won for the April-June period.
These figures marked a year-over-year increase of 101 percent in sales and 1,053 percent in operating profit, with an operating margin of 23 percent. Notably, overseas sales played a significant role in the company's success. By region, Korea contributed 48 percent of the revenue, followed by Asia at 25 percent and North America, Europe, and other regions at 27 percent.
The company's overseas markets accounted for 52 percent of total revenue, a significant milestone as overseas sales have exceeded domestic sales for four consecutive quarters. A major factor contributing to the growth was the mobile casual game segment, which generated 169.7 billion won in sales. This increase included JustPlay, the German mobile casual game platform acquired by NC in March, which was consolidated into the company's earnings for the first time.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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- NC posts solid Q2 earnings, overseas sales surpass domestic koreatimes.co.kr
