Tag

Net Profits

All articles tagged with #net profits

business-gaming1 year ago

"CD Projekt's Record-Breaking Profits: A Look at 2023's Financial Success"

CD Projekt reported over $120 million in net profits for 2023, the second best year in its history, attributing the success to the release of Phantom Liberty and ongoing interest in The Witcher. Despite this, the company underwent layoffs in summer 2023, leading to the creation of the Polish Gamedev Workers Union. Looking ahead, CD Projekt is focusing on developing The Witcher 4: Polaris, the next Cyberpunk game codenamed Orion, and a live-action project set in the Cyberpunk universe.

businesstechnology1 year ago

Samsung Electronics remains optimistic despite decline in profits

Despite a decline in net profits, Samsung remains optimistic about chip demand, citing strong demand for server and mobile chips. The company's net profits for the first quarter fell by 26% compared to last year, but it expects a recovery in the second half of the year. Samsung's upbeat outlook comes amid global chip shortages and increasing demand for semiconductors in various industries.