This article is translated by AI company Flitto and Infostock Daily using neural machine translation technology.
네오위즈게임즈 CI
[Infostock Daily= Reporter An Hoe Hyun] Neowiz announced on the 10th that it recorded sales of 74.6 billion won, operating profit of 16 billion won and net profit of 14.4 billion won in the third quarter of 2020.
Compared to the same period last year, sales increased 23%, operating profit increased 182% and net profit increased 403%. The operating profit ratio remained in the 20% range following the last quarter.
The company explained that the strong third-quarter performance reflects the performance of game lineups secured through overseas expansion, investment and new alliances.
Domestic sales rose 49% year-on-year to 49.2 billion won. Along with stable web board game sales, the company's earnings increased with the launch effect of mobile games 'Guitar Girl' and 'IDLE Death Knight'.
Overseas sales reached 25.3 billion won. Although it fell 9% year-on-year due to the suspension of the 'Black Desert' service by its Japanese subsidiary Gameon, its performance is expected to improve due to its successful entry into the market in the early launch of its new 'Lostark' in Japan.
Reporter An Hoe Hyun ahh@infostock.co.kr