Coupang Reports Operating Profit of 194 Billion KRW in Q2... Four Consecutive Quarters of Profitability

Coupang announced on the 9th (Korean time) through its earnings report submitted to the U.S. Securities and Exchange Commission (SEC) that its operating profit for the second quarter of this year reached 194 billion KRW (147.64 million USD), marking four consecutive quarters of profitability. This represents a turnaround to profit compared to the same period last year and is the highest operating profit for a second quarter.

Coupang Daegu Fulfillment Center (FC) exterior view. [Photo by Coupang].

During the same period, revenue increased by 21% compared to the same period last year (63.5 trillion KRW), reaching 7.6749 trillion KRW (5.83788 billion USD), setting a record for the highest quarterly revenue ever. Net income for the period was 190.8 billion KRW (145.19 million USD).

This content was produced with the assistance of AI translation services.