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 GOG.com 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.
May 29, 2020 at 02:20