Naver's Q4 profit plunges 20% year-on-year, revenue up nearly 17%

Thursday 25 January 2018 | 09:25 CET | News
South Korean internet portal operator Naver saw its operating revenue grow 16.7 percent year-on-year to KRW 1.26 trillion in the fourth quarter of 2017. Operating income slightly increased by 0.3 percent year-on-year to KRW 291.1 billion, while expenses jumped 22.7 percent year-on-year to KRW 974.8 billion. Fourth-quarter net income plunged 5.9 percent quarter-on-quarter and 20.3 percent year-on-year to KRW 172 billion in the fourth quarter of 2017.

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Categories: Internet
Companies: Naver
Countries: Korea, Republic of
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