NCSoft Profits Increase 450 Percent In Q2!

NCSoft's second quarter profits have increased over 450% after the successful launch of Aion and the continued strength of Lineage II. The release of Aion last November in Korea and July in Japan and Taiwan brought in nearly 40 Billion Korean Won (About $37 Million).

The company has had such strong performances the first few quarters they've raised their outlook for the year to around $470 million in sales and around $150 million in operating profits.

Aion is due to release late September in North America and is expected one of the best MMORPG releases of 2009.

Here's the original story from IndustryGamers.com about NCSoft's Q2 Profits Jump 451%:

NCsoft just lost two key people in the West, but its business overall is going strong. Today the Korean MMO publisher announced its second-quarter and first-half earnings, noting that net income was up a whopping 451% in Q2, totaling 33.75 billion Korean won (US$27.3 million). Sales were up 70% to 137.77 billion Korean won. Operating profit was also way up, climbing 353% to 47.5 billion won Aion, which launched last November in Korea and this July in Japan and Taiwan, brought in 40.6 billion Korean won. Lineage II wasn't far behind, generating 37.36 billion Korean won, followed by the first Lineage at 27.48 billion Korean won. City of Heroes, City of Villains, Guild Wars and others made up the remaining sales.

Thanks to the company's strong performances in the first couple quarters, NCsoft also raised its outlook for the full year to 586 billion Korean won ($470 million) in sales and 180 billion won ($144 million) in operating profit.