Kakao’s 2018 operating profit slashed 56% to W73b
[DISCLOSURE] Kakao (035720) reported on Feb. 14 that its operating profit in 2018 dropped 56 percent to 73.0 billion won (US$64.91 million) from the previous year.
Its revenue increased 23 percent on-year to record 2.42 trillion won while net profit plummeted 87.3 percent to 15.93 billion won.
By Hwang You-mee (glamazon@heraldcorp.com)