Yanolja Posts Operating Profit of 12 Billion KRW in Q3, Turning Positive... "Highest Quarterly Revenue"

Cloud Division Revenue Gains Momentum... Global Business Achievements
Growth and Profitability Expected to Continue Through Synergy Across All Divisions

Yanolja announced on the 24th that its consolidated operating profit for the third quarter turned positive to 12 billion KRW compared to the same period last year. During the same period, sales increased by 34% to 238.7 billion KRW, achieving the highest quarterly performance ever.

Specifically, Yanolja's Cloud division recorded an operating profit of 9.2 billion KRW, achieving its first quarterly profit. Sales increased by 112% to 64.9 billion KRW. The Platform division posted an operating profit of 8.3 billion KRW in the third quarter, a 47% decrease compared to the same period last year. Sales grew by 5% to 108.3 billion KRW. The company attributed this to securing summer peak season overseas travel demand through strengthened overseas travel services and synergies from new airline services. Interpark Triple posted an operating loss of 1.1 billion KRW but reduced its deficit due to rebranding effects in the first half of the year.

Yanolja's quarterly transaction volume surpassed 2 trillion KRW, growing 55% year-on-year and setting a record high. In particular, the Cloud division's transaction volume increased by 349% year-on-year due to rapid growth in global business expansion and channeling business.

A Yanolja representative stated, "The synergy between Yanolja, Yanolja Cloud, and Interpark Triple is becoming full-fledged," adding, "We expect even stronger growth and profitability in the fourth quarter."

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