CD Projekt H1 2024 profit surge

CD Projekt reported a significant rise in consolidated net profit to PLN 170.01 million in H1 2024, nearly doubling the PLN 90.22 million recorded in the same period last year. Operating profit also increased to PLN 140.22 million from PLN 97.89 million. Sales revenue grew to PLN 424.81 million, largely driven by strong sales of "Cyberpunk 2077" and its "Phantom of Freedom" expansion. CFO Piotr Nielubowicz highlighted the company's financial resilience, noting an increase in financial reserves despite dividend payouts and substantial project development investments. CD Projekt, known for the "The Witcher" series and "Cyberpunk 2077," is listed on the WSE and a part of the WIG20 index.
Source: inwestycje.pl