CD Projekt reports $34 million in net profit for the first half of 2016

Off the success of The Witcher 3: Wild Hunt expansion Blood and Wine and the digital-distribution service, the CD Projekt Group has raked in a substantial amount of money during the first half of 2016.

CD Projekt (the company that founded game development studio CD Projekt Red in 2002) has reported a sales revenue of 319 million PLN (Poland Zloty) and 135 million PLN in net profit for the first half of 2016. For those curious, that’s roughly a profit of 34 million dollars.

In a press release CEO of CD Projekt Adam Kiciński had the following to say:

“We’re wrapping up a very busy six-month period. Our second expansion for The Witcher 3 – Blood and Wine – was widely acclaimed and, together with the base game, generated most of our sales during this period. But we’re not done: on 30 August we’re releasing The Witcher 3: Game of the Year Edition for all those who haven’t yet had the chance to play the most celebrated videogame of 2015. In later months we will focus on the recently announced multiplayer card game – GWENT, with a closed beta launching on 25 October.”

A majority of the sales revenue came from the company’s development branch, CD Projekt Red, which brought in 265 million PLN. on the other hand contributed 69 million PLN to the total sales revenue for the capital group.

A majority of sales revenue was thanks to CD Projekt Red with 265 million PLN. Whereas contributed 69 million PLN to the total sales revenue for the capital group.

In other news the company also divulged that this year’s summer promotion for brought in the “highest-ever sales revenue compared to previous summer sales.”

My Opinion:

While I don’t know much about CD Projekt as a whole, their game studio CD Projekt Red is among my favorite developers in the industry. So it’s good to see them continuing to wheelbarrow in the cash.

Tyler Fischer is a Senior Writer for MONG who plays video games when he’s not busy researching alien conspiracy theories at 2AM. You can find him on Twitter.

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