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CD Projekt continues to bank on Cyberpunk 2077 as H1 2021 revenue grows 29 percent

CD Projekt has shared its financial report card covering the first six months of fiscal year 2021, confirming a 29 percent year-over-year increase in first-half revenue to 470.6 million PLN ($124 million USD) thanks to Cyberpunk 2077 and of course, The Witcher 3 and all its expansions.

While sales from North America rose a whopping 94 percent during the first six months of fiscal 2021, European sales dipped 52 percent year-over-year. Net profit during the period also fell 28 percent to 105 million PLN ($27.6 million) on account of increased costs and expenses, including the “ongoing intensive work” on Cyberpunk 2077.

CD Projekt is certainly committed to the “long-term potential” of Cyberpunk 2077. The company reveals during an H1 2021 earnings call that nearly a third of CD Projekt RED’s development staff remains hard at work on new and improved versions of the game for PlayStation 5 and Xbox Series X|S.

While CD Projekt is still targeting a “late 2021” release window for these native new-gen releases, the studio cautions that a delay may still be possible. This also extends to the upcoming new-gen console port for The Witcher 3, currently being handled by Saber Interactive; CD Projekt is clearly not keen on repeating the mistakes of rushing retail releases this year!

Meanwhile, CD Projekt RED has no less than 160 team members (representing nearly a quarter of its total development staff) working on Cyberpunk 2077’s first major DLC expansion.

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