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CD Projekt predicts record earnings for 2020, expecting $304M profit

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That's more than triple its previous profit record.

(Image credit: CD Projekt)

CD Projekt is due to publish its annual consolidated earnings for financial year 2020 on April 22, but decided to give an early preview of how it performed on its investor-focused Twitter . The answer: rather well, with estimated sales revenues of 2,139 million PLN ($563 million USD), and a projected net profit of 1,154 million PLN ($304 million USD).

That's substantially higher than previous years. For the sake of comparison, off the back of the release of The Witcher 3 in 2015, CD Projekt earned 798 million PLN ($210 million USD) in revenues with a profit of 342 million PLN ($90 million USD). 

CD Projekt expecting record profits isn't surprising since strategy update video that the company's games won't be marketed until they are "much closer" to release from here on out.

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Jody Macgregor
Jody Macgregor
Weekend/AU Editor

Jody's first computer was a Commodore 64, so he re having to use a code wheel to play Pool of Radiance. A former music journalist who interviewed everyone from Giorgio Moroder to Trent Reznor, Jody also co-hosted Australia's first radio show about videogames, how weird Lost Ark can get. Jody edited PC Gamer Indie from 2017 to 2018, and he eventually lived up to his promise to play every Warhammer videogame.