Lineage 2M [Provided by NCSoft]
NCSoft announced on the 11th that it recorded an accumulated sales revenue of 1.5781 trillion KRW and an operating loss of 109.2 billion KRW last year.
Compared to the previous year, the annual sales dropped by 11%, and they reported a shift to operating loss.
NCSoft explained that the transition to a deficit was due to one-time personnel costs, such as retirement payments resulting from structural improvements, and increased marketing expenses for new releases.
Industry sources point to the decline in sales of the Lineage series and the underperformance of new titles as contributing factors.
Lineage M and Lineage 2M continued their downward trend in sales, and it’s reported that the new releases, Throne and Liberty, and Journey of Monarch, did not meet their annual sales targets.
Experts suggest that this is ultimately a result of stagnation in the domestic mobile game market itself, with NCSoft, once the leading company in the industry, being the most affected.
#NCSoft #Sales #OperatingLoss #Performance
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