NCsoft Corp (XKRX:036570)
â‚© 220000 10000 (4.76%) Market Cap: 4.47 Til Enterprise Value: 2.99 Til PE Ratio: 21.06 PB Ratio: 1.37 GF Score: 82/100
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Q3 2022 NCSOFT Corp Earnings Call Transcript

Nov 11, 2022 / 12:00AM GMT
Release Date Price: â‚©465000 (+13.41%)
Operator

(foreign language) Good morning, and good evening. Thank you all for joining this conference call. And now we will begin the conference of the fiscal year 2022 third quarter earnings results by NCSOFT. This conference will start with a presentation followed by a divisional Q&A session. (Operator Instructions)

Now we shall commence the presentation by NCSOFT.

Jason Lee
Ncsoft Corporation - VP & Head of IR

[Interpreted] Good morning, and hello, I'm Jason Lee, Head of IR at NCSOFT. Thank you for joining the company's Q3 2022 earnings presentation. I will begin with the highlights of the third quarter earnings.

Q3 sales was up 21% year-over-year, reporting KRW 604.2 billion, but was down 4% Q-on-Q. Operating profit was up 50% year-over-year and 17% Q-on-Q, reporting KRW 144.4 billion on the back of higher sales and decline in marketing spend. Pretax income was up 98% on year and 54% on quarter to KRW 250.4 billion. Net income was KRW 182.1 billion, up 83% on year and 53% on quarter.

Next, I will go over sales for each game.

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