[Featured Stock] KakaoBank Rises 7.54% on Record Quarterly Earnings

KakaoBank is showing strong performance following news that it achieved its highest-ever quarterly results.

As of 9:30 AM on the 3rd, KakaoBank was trading at 24,250 KRW, up 7.54% compared to the previous trading day.

KakaoBank announced that its sales for the first quarter of this year increased by 65.61% year-on-year to 560.5 billion KRW, and operating profit rose by 54.29% to 136.4 billion KRW. Net profit reached 101.9 billion KRW, up 52.5%, achieving the highest-ever performance.