NCsoft Announces 2007 Second Quarter Financial Results

Digital50.com posted today a report detailing NC Soft(R) Corporation's second quarter 2007 sales report:

SEOUL, South Korea-(Business Wire)-August 8, 2007 - NCsoft(R) Corporation (KRX:036570.KS) today reported second quarter 2007 sales of KRW 75.9 billion (US$82.1 million), operating income of KRW 10.6 billion (US$11.5 million), and net income of KRW 10.6 billion (US$11.5 million) all on a consolidated basis. Compared to the previous year's corresponding quarter, sales were down by 11%, operating income up by 533%, and net income converted to surplus. A one-time write off in expenses of KRW 11.3 billion related to Auto Assault(R) was included in the previous year's corresponding quarter.

It's really interesting how NC Soft billed 11.3 billion South Korean won (roughly $11,000,000 USD) towards the demise of Auto Assault.

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