Japanese veteran Konami is the next gaming company that took its turn to announce their financial performance in the last quarter, all this during expectations for the newest games collection of Silent Hill games and the return of Metal Gear with Metal Gear Solid ∆: Snake Eater.
Konami announced its results for Q1 2024 with revenue was 72,633 million yen (or $509,157,330 up 1.0% year-on-year) while operating profit was 17,151 million yen (or $120,228,510 up 22.2% year-on-year).
This growth is attributed to improved profit margins of core contents of the Digital Entertainment business and strong performance of the Gaming & Systems business, which its revenue in Q1 was 48,130 million yen (down 5.3% year-on-year), and business profit was 15,101 million yen, (up 13% year-on-year).
Konami said that continued strong performance for eFootball 2023 helped by promotions including the 6th anniversary campaign of the mobile version.
As for future projects, it was mentioned during their investors conference that Metal Gear Solid Δ: Snake Eater is expected to "faithfully recreate the story, characters and game design of the original title while evolving the gameplay with modern computer graphics."