Cafe24 Reports Annual Operating Profit of 9.8 Billion KRW, Down 36.9% Year-on-Year

[Asia Economy Reporter Wondara] Cafe24 announced on the 26th that its annual operating profit last year was 9.8 billion KRW, a decrease of 36.9% compared to the same period the previous year. Revenue increased by 31.4% during the same period to 217.2 billion KRW. Net profit turned positive to 7.8 billion KRW.

Meanwhile, Cafe24's operating profit for the fourth quarter of last year was 2.2 billion KRW, down 57.7% from the same period last year. Revenue and net profit were 60.2 billion KRW and 1.9 billion KRW, respectively.