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NAVER Q3 Profit Down, But Sales Improve

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

NAVER Corporation (NHNCF) on Wednesday reported net income from continuing operations before income tax of 923.7 billion won for the third quarter, 24% down year-on-year from 1.215 trillion won.

Operating profit, however, increased 14.3% to 539.6 billion won from 472.1 billion won in the third quarter of 2024.

Net income declined 24% to 804.4 billion won, from 1.058 trillion won in the same period of last year.

Sales for the quarter increased 18.2% to 1.830 trillion won, from 1.548 trillion won in the third quarter of 2024.

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