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Square: Out of Red, Back in Black.

Posted on Tuesday 25th March 2003 at 15:51 by CypherEX
Square Enix
Square has reported a significant profit in the current fiscal year, which ends on the 31st of March.
Earlier projections estimated the company's net worth at 4.8 billion yen (39.85 million USD). Square now projects a profit  of 11.5 billion yen (95.47 million USD).

This is a significant profit for Square, especially when compared to the 16.6 billion yen (137.81 million USD) that they lost the year before.

Square cites the success of Kingdom Hearts in the US, and Final Fantasty X-2 in Japan as the reasons of their increased profits.

Source : RPGFan

/*******/

It's good to see Square getting out of the red, and back on their feet.
Though It was to be expected, with Kingdom Hearts selling 1.5 million copies in the US alone, and FFX-2 selling 1.2 million on it's first day in Japan.
Still it's good news, and we can expect some good things from Square this up and coming year.
Posted in: Square-Enix News

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CypherEX

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