Friday, February 25, 2005

NCSoft 2004 financial results

NCSoft was proud to announce impressive financial results for the fourth quarter and year 2004 in general – Yonhap News reported the numbers. Net profit for the year 2004 increased almost 2,5 times from year 2003 and reached nearly 78 billion won. Company is getting more profitable, good news for the investors. For the year 2005, NCSoft expects to reach 305 billion won turnover. In euros this means just about 230 million euros. This company starts to get some financial muscle and the growth rate is still very fast. For example in China, NCSoft’s partner Sina just reported 110000 concurrent users for Lineage II – solid development.

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