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NCsoft profits plummet 50% in last quarter

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NCsoft's reported a profit drop of 50 percent for the quarter ending September 30, down to to 5.0 billion won ($3.7 million) on sales of 78.3 billion won ($58.0 million).

Tabula Rasa only accounted for 2 percent of the cash, or 1.76 billion Korean won ($1.3 million), in the period.

Richard Garriott confirmed last night that he's quitting the firm to pursue "other interests" after returning from his much-publicised space flight.

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Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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