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CD Projekt sees 14% drop in revenue in H1

CD Projekt sees 14% drop in revenue in H1

Polish games firm CD Projekt has reported a 14 per cent decline in sales revenue for the first half of the 2023 financial year.

The company brought in 325.2 million PLN ($79.5 million) for the period, while its net profit dropped 20 per cent to hit 91.3 million PLN ($22.1 million). That's likely to sales for Cyberpunk 2077 slowing down as time goes on, though that's something that the upcoming Phantom Liberty DLC will remedy.

"We are intensifying promotional activities ahead of the fast-approaching release of Phantom Liberty," CEO Adam Kiciński said.

"One of those activities is the ongoing Phantom Liberty Tour – a series of community events where gamers can personally experience the expansion before it is launched."

He continued: "Positive reactions from gamers and media representatives alike fill us with optimism. We believe that a successful launch of the expansion will again confirm the great potential of the Cyberpunk franchise."


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PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.