NAVER Reports Operating Profit of 1.3255 Trillion KRW Last Year, Up 9% Year-on-Year

[Asia Economy Reporter Minji Lee] NAVER announced on the 27th that its operating profit last year reached 1.3255 trillion KRW, a 9% increase compared to the previous year.

Revenue grew by 28.5%, recording 6.8176 trillion KRW, and net profit surged by 1842% to 16.4135 trillion KRW. The company explained, "Sales across all business divisions increased due to continuous investment and support for SMEs and creators," adding, "Gains from equity method valuation of A Holdings following management integration were reflected."

On the same day, the company announced a cash dividend of 501 KRW per common share as a year-end dividend. The dividend yield is 0.1%, with a total dividend amount of 74.79977 billion KRW.