[Breaking] Kakao Posts Q1 Operating Profit of 211.4 Billion Won, Up 66% Year-on-Year
Kakao announced on May 7 that its consolidated operating profit for the first quarter of this year was provisionally tallied at 211.4 billion won, up 66% from the same period last year. Revenue for the same period increased by 11% to 1.9421 trillion won. Both revenue and operating profit marked record highs for a first quarter.
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