CD Projekt Red
Article about CD Projekt Red

Published 1 year, 6 months ago

Games CD Projekt Red Published by J. Doe

CD PROJEKT wraps up the beginning of 2020

In the first three months of 2020 the CD PROJEKT Group posted 193 million PLN in sales revenues – nearly 2.5 times as much as during the first quarter of 2019. The Group’s consolidated net profit increased more than fivefold, reaching 92 million PLN.

Celebrations are due: I’m pleased to inform that aggregate sales of all games from The Witcher series have topped 50 million copies – says Piotr Nielubowicz, Vice President and CFO of CD PROJEKT.

– Our net result was also positively affected by new releases. Our cumulative balance of cash assets and bank deposits increased by 128 million PLN during Q1 2020 – that’s 40% more than our corresponding net profit – adds Piotr Nielubowicz.

Due to the ongoing coronavirus pandemic the entire CD PROJEKT and teams have been working from home since mid-March. I would like to extend my thanks to the whole team for showing resilience in these difficult times – remarks Adam Kiciński, President of the CD PROJEKT Group.

Original article

May 29, 2020 at 02:20