Nexon posts record Q2 earnings on upbeat China sales


Nexon achieved record-breaking second-quarter revenue and operating profits, primarily driven by the outstanding performance of Dungeon & Fighter Mobile in China, which was launched in May. The company reported a 64 percent year-over-year increase in operating profit, reaching 45.2 billion yen ($310.2 million) for the second quarter, with a 30 percent surge in revenue to 122.5 billion yen and a 63 percent rise in net income to 39.9 billion yen. Other titles such as FC Online, MapleStory, and Blue Archive also exceeded expectations, contributing to the strong financial results across various international markets. Breaking down the revenue by region, 46 percent came from China, 40 percent from Korea, 6 percent from North America and Europe, and 4 percent from Japan, with mobile games accounting for 54 percent of sales and PC games contributing 46 percent. Nexon emphasized that global revenue from its popular franchises increased by 57 percent year-over-year in the second quarter, with international markets comprising 60 percent of the total revenue. The company highlighted its growth strategy of expanding existing intellectual properties to cover more genres and platforms, as well as developing new IPs. Notably, the new release, The First Descendant, achieved significant success with a peak of 260,000 concurrent players on Steam and topped global weekly grossing charts. Looking ahead, Nexon plans to launch The First Berserker: Khazan in 2025, an action role-playing game set in the Dungeon & Fighter universe, and the zombie apocalypse survival game Nakwon: Last Paradise is set for its second testing phase later this year. Additionally, Nexon has entered a publishing agreement with Tencent and Embark Studios to bring first-person shooters The Finals and ARC Raiders to the Chinese market.


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