CD Projekt H1 Profit Jumps 37 Percent

Polish game developer CD Projekt reported a 37 percent rise in half-year net profit to 249.1 million zlotys, beating analyst expectations. Strong game sales and licensing revenue drove the results as the company prepares for upcoming releases.

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FILE PHOTO: A bird flies in front of the Cd Projekt logo at its headquarters in Warsaw, Poland January 21, 2020. Picture taken January 21, 2020. REUTERS/Kacper Pempel/File Photo

CD PROJEKT SA posted a 37% jump in half-year net profit to 249.1 million zlotys ($66.70 million) on Wednesday morning. The result surpassed the 201 million zlotys consensus expected by analysts in Poland's market polls. Strong game sales and IP licensing drove the performance for the country's largest game developer.

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