Naver shows an upward trend as the market opens on the 3rd.
At 9:22 AM that day, Naver was trading at 198,600 KRW, up 2.48% (4,800 KRW) compared to the previous day.
On the same day, Samsung Securities forecasted Naver's fourth-quarter sales to be 2.8323 trillion KRW, an 11.6% increase year-over-year, and operating profit to rise 32.6% to 537.7 billion KRW.
Samsung Securities analyst Oh Dong-hwan analyzed, "Naver's portal business segment, 'Search Platform,' sales are expected to increase by 12.4% year-over-year, and commerce sales are expected to grow by 14.6% year-over-year."
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