Yonhap News AgencyFebruary 5, 2014 21:33
By Kang Yoon-seung
SEOUL, Feb. 6 (Yonhap) -- Naver Corp., South Korea's top Internet portal operator, said Thursday its fourth-quarter net shed 63.4 percent on-year due to one-off spendings despite robust performance of its messenger app service.
Net profit came to 46.4 billion won (US$43 million) in the October-December period, compared with 126.6 billion won posted a year earlier, Naver said in a regulatory filing.
Revenue gained 27.7 percent to 641 billion won while its operating profit edged down 2.1 percent to 154.3 billion won over the cited period.