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NCSoft Posts 7.5 Billion Won Operating Loss in Q3... "Impact of Retirement Severance Packages"

Sales of 360 billion won, operating loss of 7.5 billion won
Net profit turns positive at 347.4 billion won
Aion 2 to debut at G-Star ahead of its release on the 19th

NCSoft recorded an operating loss of 7.5 billion won in the third quarter of this year. This loss is attributed to a decline in mobile game revenue and the payment of retirement severance packages.


NCSoft Posts 7.5 Billion Won Operating Loss in Q3... "Impact of Retirement Severance Packages" NCSoft Pangyo R&D Center. Courtesy of NCSoft


On November 11, NCSoft announced in a regulatory filing that its consolidated operating loss for the third quarter of this year was 7.5 billion won, a reduced deficit compared to the same period last year, according to preliminary figures. Revenue was 360 billion won, down 10% year-on-year during the same period. However, net profit turned positive, reaching 347.4 billion won.


The company explained that the operating loss was due to one-off expenses such as retirement severance packages, while net profit turned positive because the proceeds from the sale of NC Tower 1 were reflected.


By region, revenue was 217.8 billion won in Korea, 67.5 billion won in Asia, and 28 billion won in North America and Europe. Royalty revenue amounted to 46.8 billion won. Overseas and royalty revenue increased by 23% compared to the same period last year, accounting for 40% of total revenue. NCSoft stated that growth was driven by the launch of "Lineage 2M" in Southeast Asia, increased revenue from "BNS Neo" in China, and higher revenue from "Lineage M" in Taiwan. By platform, PC game revenue was 87.7 billion won and mobile game revenue was 197.2 billion won.


NCSoft is pinning its hopes on "Aion 2," which is scheduled for release in Korea and Taiwan on November 19. First, the company will participate as the main sponsor at "G-Star 2025," which opens in Busan on November 13, setting up a 300-booth experience zone to unveil new games. On November 16, it will begin pre-downloads and a character customization event. At the same time, the company will expand server capacity and open new servers.


At G-Star, not only "Aion 2" but also upcoming titles such as "Shin the City," "Limit Zero Breakers," and "Time Takers," which are scheduled for release next year, will be showcased. In addition, one unannounced new title will be revealed for the first time at the event.

This content was produced with the assistance of AI translation services.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

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