MMO publisher NCsoft has released its first quarter results, showing sales up 9 percent to KRW 84.7 billion ($91.2 million) and profits of KRW 14.1 billion ($15.2 million) on strong continued sales and subscriptions to Lineage
and Lineage II
Sales and profits both fell from last quarter, with sales down six percent, and profits declining 24 percent from 2006's Q4.
Sales of Lineage
and Lineage II
made up a respective 38 and 41 percent of the company's sales, followed by Guild Wars
at 14 percent, and City of Heroes/City of Villains
at seven percent.
Korea led Lineage
franchise sales at $53.8 million, followed by $13.9 million in sales from North America, $8.7 million in Japan, and $8.4 million from Europe. North American and Europe sales were up year over year by 14 and 102 percent respectively.
Looking forward, the company said it plans to launch its full Aion
title within the year in Korea following a summer closed beta test. The publisher also plans to release an upgraded version of its PlayNC multi-title platform in May, and bring out both Tabula Rasa
(which recently entered closed beta) and the Guild Wars
expansion Eye of the North
later this year.
Said CFO Lee Jae-ho, "Our first quarter sales and operating income rose 9% and 96% respectively. Furthermore, we expect to attain sustainable growth in the second half after releasing a string of new game titles starting with the much anticipated closed beta testing of Richard Garriott's Tabula Rasa
on May 2."