In addition to the launch of Lineage W in the West, NCSOFT aims to release other popular games - Blade & Soul 2, a mobile fantasy martial-arts MMORPG, in Asia, in the second half, and Blade & Soul, an online MMORPG, in the second quarter of next year, Hong said. Earlier this week, shares fell to as low as 395,500 won, their weakest since October 2018. “Given its continuous box-office popularity, we plan to release the game in the West, such as to North America and Europe, in the second half.”Īfter the earnings, NCSOFT’s stock surged 10.29% to close at 439,500 won, far outperforming a 2.12% gain in South Korea’s main Kospi. “Lineage W secured unprecedented traffic of 1.2 million DAUs,” said NCSOFT's Chief Financial Officer Hong Won-jun in an earnings call, referring to daily active users. That helped the firm’s mobile game unit raise sales by 97% to 640.7 billion won on-year. The mobile MMORPG has logged sales of 730.9 billion won since its release with a revenue of 373.2 billion won in the first quarter, becoming a new cash cow, according to the company. The healthy earnings came as Lineage W, launched in November last year, attracted a large number of gamers. Sales also jumped 54% to 790.3 billion won, beating forecasts of 733.5 billion won. NCSOFT said on Friday its operating profit more than quadrupled to 244.2 billion won ($190.3 million) in the first quarter from a year earlier, far higher than market forecasts of 189.9 billion won. The publisher of popular games such as Blade & Soul plans to release its blockbuster titles in overseas markets later this year while launching new games to maintain growth momentum. NCSOFT Corp., South Korea’s leading game developer, surprised investors with stronger-than-expected profit in the first quarter as Lineage W, its latest massively multiplayer online role-playing game (MMORPG) lifted sales to a quarterly record.
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