NCsoft Reports 2006 Revenue

Seoul, South Korea, February 6, 2007—NCsoft Corporation (KSE:036570.KS), the world’s leading developer and publisher of online computer games, today reported earnings results for 2006. On a consolidated basis, sales came to KRW 338.7 billion (US$361 million), operating profit to KRW 43.3 billion (US$46.1 million), pre-tax profit to KRW 50.0 billion (US$53.3 million) and net profit to KRW 38.0 billion (US$40.5 million). Compared to the previous year, sales maintained a similar level while operating income and pre-tax profit decreased 44% and 41% respectively. The company saw its net profit drop 43% year to year.

NCsoft had a fantastic year in sales, but still had a slight drop thanks to current projects in the works. Lineage 1 and Lineage 2 are really doing their part to keep the company profitable though.

Source: NC Soft