Polish video game maker CD Projekt more than doubled its first-quarter net profit, helped by a pick up in sales of its flagship "Cyberpunk 2077" game after months spent fixing glitches.
"The next-gen version of Cyberpunk, released together with a major update...had a positive effect on the game's perception and sales figures, particularly on console," the company's chief executive Adam Kicinski said.
CD Projekt has been working to fix Cyberpunk ever since its bug-ridden debut in late 2020 and it has released several patches and fixes for the game.
Net profit jumped 112% to 68.9 million zlotys ($16.06m), slightly above the 67 million expected by analysts polled by Reuters.
Finance chief Piotr Nielubowicz said most of CD Projekt's first-quarter revenue had come from Cyberpunk, while the company's balance of cash, deposits and T-bonds increased by more than 107 million zloty in the first three months of the year.
The company, also behind "The Witcher" franchise, reported a 9% rise in revenue to 216 million zlotys, topping the 207 million expected by analysts.
Selling costs dropped 2% to 60.6 million zlotys led by a 63% fall in costs relating to Cyberpunk service, but publishing costs rose 87%.
