According to reports, the game opening up business CD Projekt Poland on Thursday said that despite its flagship game, Cyberpunk 2077 there are a lot of loopholes in the release, resulting in the game had to withdraw, but The company still sold 13.7 million games last year, and set sales and profit records in 2020, so the company plans to pay a dividend of 5 zlotys per share.
Cyberpunk 2077 has a development budget of 1.2 billion zlotys (US$316.19 million), which is CD Projekt’s most anticipated game since the 2015 Witcher 3: Wild Hunt. However, shortly after the game was released on the PlayStation platform in December last year, Sony removed the game from its game store due to a large number of loopholes.
Since December last year, CD Projekt, which has been sought after by countless investors, has lost approximately 50% of its market value due to problems with Cyberpunk 2077. The current market value of the company is approximately PLN 17.4 billion. The sales of Cyberpunk 2077, endorsed by the famous Hollywood star Keanu Reeves (Keanu Reeves), were lower than the 14.5 million copies predicted by analysts on average. However, despite this, the company’s financial performance in 2020 is still the highest ever.
In 2020, the company’s sales reached 2.14 billion zlotys, an increase of more than four times compared with the same period last year, breaking the previous record set by The Witcher 3: Wild Hunt. This sales record benefited The epidemic has kept people at home, which has stimulated sales of games. CD Projekt’s chief financial officer, Piotr NieluBowicz, said at a press conference: “From a financial point of view, 2020 is the best year in our history.”
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The company’s high sales in 2020 were mainly driven by the game Cyberpunk 2077, but the game The Witcher 3: Wild Hunt also helped the company’s sales. Nilubowitz said: In terms of sales volume, The Witcher 3: Wild Hunt ushered in the second-highest sales year in history. Only 6 years ago, the sales volume of the game was in the year when the game was just released. Beyond 2020.
CD Projekt also stated that the company plans to spend nearly 504 million zlotys in dividends from last year’s 1.15 billion zlotys profit. The company has paid dividends twice, in 2017 and 2019.
Whether the company can continue to grow sales in the future will depend on whether Cyberpunk 2077 can return to Sony’s PlayStation game store after the game bug is fixed, and attract more players, because it will compete with rival Ubisoft (Ubisoft). Unlike Electronic Arts, CD Projekt has a longer game development cycle.
The company said last month that it will release free downloadable content this year to update Cyberpunk 2077 for the latest version of the game console. But the company said it will reconsider whether to launch an independent multiplayer version of the game, a move that has raised concerns about the company’s future revenue growth.
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