Cafe24 Reports Annual Operating Profit of 9.8 Billion KRW, Down 36.9% Year-on-Year
[Asia Economy Reporter Wondara] Cafe24 announced on the 26th that its annual operating profit last year was 9.8 billion KRW, a decrease of 36.9% compared to the same period the previous year. Revenue increased by 31.4% during the same period to 217.2 billion KRW. Net profit turned positive to 7.8 billion KRW.
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Meanwhile, Cafe24's operating profit for the fourth quarter of last year was 2.2 billion KRW, down 57.7% from the same period last year. Revenue and net profit were 60.2 billion KRW and 1.9 billion KRW, respectively.
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