Business
NCSOFT: Revenue down 11% and net profit down 56% in 2024; major spin-offs and share cancellation planned
NCSOFT: Revenue down 11% and net profit down 56% in 2024; major spin-offs and share cancellation planned
About this update from Nc Corporation
2024 revenue fell 11% to KRW 1,578.1 billion, with a net profit of KRW 94.1 billion, down 56% year-over-year. Mobile game revenue dropped 22%, while royalties rose 26%. Two major spin-offs and a share cancellation are planned to enhance business focus and shareholder value.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.