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NCSoft post 315% increase in profits

NCsoft, the Korean based MMO developer and publisher have announced their financial results for the year to date, which, even amid economic turmoil, has seen profits grow an astounding 315%. The massive increase in cash flow has been credited to the release of Aion - Tower of Eternity, which recently saw release to Korean markets.

The reason for NCsoft's stellar performance is due to an increase in margins, of which Aion - Tower of Eternity contributed some US$107.7 million. 34% of its sales were for Aion - Tower of Eternity, with other major titles such as Lineage series, and City of Heroes also contributing to the success of the company.

Lineage II gave the company 33% of its business, while Lineage, the first game of the series contributed 23% of the profits.

Other titles contributed less, with City of Heroes giving the company 5% of its business, and the Guild Wars series contributing a measly 3%.

The year for NCsoft could turn sour, with Richard Garriot, creator of the Ultima series, and Tabula Rasa requesting some US$27 million in damages following his "involuntary" departure from the company.

The company plans to bring Aion - Tower of Eternity to other regions later this year, with a planned release for China, Europe, North America, Japan, and Taiwan.
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