Kakao Pay Corp. (377300.KS) on Wednesday reported strong first-quarter results, with earnings rising sharply, mainly driven by robust revenue growth.
Net income from continuing operation before income tax increased to 41.462 billion won from 20.379 billion won a year ago.
Operating profit rose to 32.244 billion won from 4.411 billion won last year.
Net income attributable to shareholders of the parent company increased to 28.480 billion won from 13.295 billion won a year earlier.
Sales grew 41.7% to 300.286 billion won from 211.905 billion won last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.