Kidari Studio, Last Year's Sales 119.1 Billion KRW... 161% Increase

[Asia Economy Reporter Ji Yeon-jin] Kidari Studio announced on the 23rd that its consolidated sales last year reached 119.1 billion KRW, an increase of 161.76% compared to the same period of the previous year.

During this period, operating profit rose 54.17% to 4.4 billion KRW, and net profit increased by 4476.15% to 3.3 billion KRW.

The company explained, "Sales expanded due to the global growth of webtoon platforms such as Bomtoon, Lezhin, and DeliToon," adding, "Costs increased due to hiring personnel and translation expenses in preparation for entering new markets and new platforms."