Kakao Corp. Reports Earnings Results for the Fourth Quarter and Full Year of 2020
February 08, 2021 at 08:54 pm
Kakao Corp. reported earnings results for the fourth quarter and full year of 2020. For the quarter, the company reported operating revenue was KRW 1,235.1 billion, up 12% on quarter. operating profit was up 25% on quarter and 88% on year to KRW 149.8 billion
For the year, the company reported operating revenue 46% on year, while 2020 full year figure came in at KRW 4,156.7 billion, up 35% year-on-year. Full year operating profit was up 121% year-on-year to KRW 456 billion with OP margin at 11%.