NCsoft reports $5.9m profit in Q2

NCsoft has posted a net profit for its Q2 in 2008-2009 of
$5.9 million – down 42 per cent year-on-year.

The company reported operating income of of $7.7 million, down 25 percent on the second quarter in 2007-2008.

Sales were up seven per cent to $78.6 million.

NCsoft attributed the drop in operating profit was to continued investment across the company’s development studios.

"In order to maintain our ongoing development cycles and a diverse game portfolio, multiple games are in development currently across all NCsoft studios,” said NCsoft CFO Jaeho Lee.