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CD Projekt starts 2020 off with a record Q1 as series continues its reign

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“Both with regard to sales and net profit this was the best first quarter in the Group’s history, explains CFO Piotr Nielubowicz.
The first three months of the CD Projekt Group’s 2020 year are starting out on a high note, financially speaking. At the close of the first quarter, the group covering game dev CD Projekt Red, game storefront GOG, and a handful of other businesses reported PLN 92 million (~$22.9 million) in net profit, up from last year’s PLN 20.5 million (~$5.1 million) net profit during the same chunk of time.
“Both with regard to sales and net profit this was the best first quarter in the Group’s history, » explains CFO Piotr Nielubowicz.
“The largest contribution to these results again came from strong sales of The Witcher 3, including its Nintendo Switch edition released last October. We take pride in this achievement – particularly given that The Witcher 3 has just celebrated its fifth anniversary.

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