Naver Q3 net income rises 38.6% to 734.7 billion won

Home > Business > Industry

print dictionary print

Naver Q3 net income rises 38.6% to 734.7 billion won

The Naver logo is seen on the tech firm's headquarters in Seongnam, Gyeonggi, on Feb. 7. [YONHAP]

The Naver logo is seen on the tech firm's headquarters in Seongnam, Gyeonggi, on Feb. 7. [YONHAP]

 
Naver, Korea's largest online portal operator, on Wednesday reported its third-quarter net profit of 734.7 billion won ($510.2 million), up 38.6 percent from a year earlier.
 
The company said in a regulatory filing that operating income for the July to September period rose 8.6 percent on year to 570.6 billion won. Sales increased 15.6 percent to 3.13 trillion won.
 

Related Article

The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 500 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.

Yonhap
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)