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+--- Thread: News - With profit and revenue on the rise, CD Projekt heaps praise on The Witcher 3 (/thread-97070.html)
News - With profit and revenue on the rise, CD Projekt heaps praise on The Witcher 3 - xSicKxBot - 09-06-2020
With profit and revenue on the rise, CD Projekt heaps praise on The Witcher 3
<div style="margin: 5px 5% 10px 5%;"><img src="https://www.sickgaming.net/blog/wp-content/uploads/2020/09/with-profit-and-revenue-on-the-rise-cd-projekt-heaps-praise-on-the-witcher-3.jpg" width="150" height="150" title="" alt="" /></div><div><p>It’s been over five years since CD Projekt Red launched <em>The Witcher 3</em>, and even still the game remains a key contributor to CD Projekt’s earnings. </p>
<p>This H1 report is however, barring another delay, the last quarterly check-in CD Projekt Red will release before its ambitious role-playing game <em>Cyberpunk 2077</em> launches, meaning<em> The Witcher 3</em>‘s reign as CD Projekt’s top earner may very well be nearing its final days. </p>
<p>Closing out the first half of its 2020 fiscal year, CD Projekt reported 364 million PLN (~$97.2 million) in revenue, up nearly 70 percent year-over-year while its net profit hit 147 million PLN (~$39.3 million) and nearly tripled last year’s net profit of 51.5 million PLN (~$13.8 million).</p>
<p>Much of those increases were, unsurprisingly, driven by sales of <em>The Witcher 3</em>. The game itself received a helpful boost in visibility due to its Nintendo Switch launch late last year, while other properties in <em>The Witcher </em>franchise helped boost H1’s numbers as well.</p>
<p>Namely, <em>Gwent</em> boasted its best H1 in history thanks at least partially to debuts on iOS, Android, and Steam, though, <a href="https://gamasutra.com/view/news/363884/CD_Projekt_starts_2020_off_with_a_record_Q1_as_The_Witcher_series_continues_its_reign.php">following in Q1’s footsteps</a>, <em>The Witcher</em> spinoff <em>Thronebreaker</em> is also named as a notable contributor.</p>
<p>In a brief earnings highlight, CD Projekt CFO Piotr Nielubowicz also notes that GOG.com closed out the six month period with its best H1 to date, reporting 109.8 million PLN (~$29.3 million) in revenue and 5.6 million PLN (~$1.5 million) in profit. </p>
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https://www.sickgaming.net/blog/2020/09/03/with-profit-and-revenue-on-the-rise-cd-projekt-heaps-praise-on-the-witcher-3/
RE: News - With profit and revenue on the rise, CD Projekt heaps praise on The Witcher 3 - Barnatan - 10-04-2020
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