View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Data Centre
January 27, 2010

NHN Q4 sales up 2% to KRW321.3bn

Net earnings up 8% on higher revenues from on-line ads

By CBR Staff Writer

NHN, the operator of South Korea’s internet search engine, has reported sales of KRW321.3bn, an increase of 2% compared to the same period last year.

The company reported an operating profit of KRW145.68bn, an increase of 18% compared to the same  period a year ago. The fourth-quarter earnings rose 8% from a year-earlier quarter, on higher revenues from on-line ads.

For the quarter, the company posted a net income of KRW106.51bn (US$92m), compared to KRW98.73bn for the same period last year. The bottom line is down 0.3% from the previous quarter. The company posted a net income KRW106.8bn for the third quarter of 2009.

For the full year 2009, the company’s sales rose 2% to KRW1.24 trillion, compared to the same period last year. Net income rose by 16% to KRW420bn, compared to the same period a year ago.

Content from our partners
How designers are leveraging tech to apply the brakes to fast fashion
Why the tech sector must embrace faster, smarter talent recruitment
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU