Yanolja Reports Operating Profit of 53.6 Billion KRW Last Year, Up 392% YoY
[Asia Economy Reporter Donghyun Choi] Leisure platform company Yanolja announced on the 31st that its consolidated revenue last year reached 374.8 billion KRW, and operating profit was 53.6 billion KRW, representing increases of 29.8% and 392% respectively compared to the same period the previous year.
Yanolja is simultaneously securing growth and profitability through rapid digital transformation and global strategies, including strengthening its platform business strategy and expanding its cloud solution business globally. In particular, it is rapidly advancing into the global market by utilizing artificial intelligence (AI), Internet of Things (IoT), big data, blockchain technologies, and cloud-based platforms.
Going forward, based on its technological capabilities, Yanolja plans to accelerate the digital transformation of spaces to achieve carbon neutrality and expand its global leisure platform strategy and cloud solution applications across various spaces such as hotels, leisure, F&B, and residential sectors, innovating the global market.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- BMCC to Hold Forum on Enforcement Decree Addressing False Information on May 21: "A Balance Must Be Found"
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Lee Sujin, Yanolja’s CEO, stated, “The background of our growth lies in proactively responding to market changes based on sustainable growth strategies, strengthening research and development (R&D) capabilities, and expanding investments in talent development.” She added, “We will continue to enhance our competitiveness in the global market through platform and solution businesses utilizing innovative technologies.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.