For April-June 2022, the company’s sales rose 17% to $480 million. And net income increased immediately by 26% to $90.5 million.
Lineage W is a massively multiplayer online role-playing game (MMORPG), which the company launched in November last year. During the first quarter of this year, the game brought in a record $170.5 million for the studio.
Lineage W generated 1.2 million DAU of traffic. Given the product’s continued box office popularity, the company is considering selling the game in the West, such as North America and Europe.Hong Won-Jung, NCSOFT CFO
NCSOFT stock rose 10.29% after the report was released, outperforming a 2.12% gain in South Korea’s main Kospi index.
In addition to launching Lineage W in the West, the company plans other popular games – Blade & Soul 2, a mobile fantasy martial arts MMORPG, in Asia in the second half of this year, and Blade & Soul, an online MMORPG, in the second quarter of next year.
The studio will also release seven new games by the end of 2023, including Throne and Liberty, an MMORPG for PC and consoles that will launch in the second half of this year.
Throne and Liberty will be released simultaneously for PC and console platforms, and the company will also prepare versions for Windows, Mac, PlayStation, Xbox and Steam. With Throne and Liberty, the studio will showcase strategies that differ from those used today.Hong Won-Jung, NCSOFT CFO