Seoul: NHN Corp., a South Korean information technology and game company, announced its fourth-quarter net profit of 28.7 billion won (US$19.7 million), marking a significant recovery from a loss of 82.1 billion won in the same period last year.
According to Yonhap News Agency, NHN Corp. reported through a regulatory filing that its operating profit for the October-December period experienced a 120.5 percent increase compared to the previous year, reaching 55.1 billion won. Additionally, the company saw a 6.5 percent rise in sales, totaling 685.7 billion won.