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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