Nov 07, 2024 / 12:00AM GMT
Jeffrey Shin - Kakao Corp - IR Strategy Team Lead
Hello. I'm Jeffrey from Kakao IR. Let's begin with the third quarter 2024 earnings conference call. Today, I'm joined by Shina Chung, the CEO; and [Jayden Shin], the CFO. Please be reminded that the earnings results are consolidated estimates under the K-IFRS basis and are subject to change upon the auditor's review.
Also, forward-looking estimates are based on assumptions, so actual results may differ from figures included in today's presentation. Now I will turn it over to CEO, Shina Chung.
Shina Chung - Kakao Corp - Chief Executive Officer
Hello. This is Shina Chung, the CEO. Let me begin by briefly outlining Kakao's consolidated financial results for the third quarter. For the third quarter, Kakao's consolidated revenue was KRW1.9 trillion, a 4% decrease compared to the same period last year, while the operating profit reached KRW130.5 billion, marking a 5% growth year on year. Continuing from last quarter, the Platform segment driven mainly by Talk Biz within KakaoTalk maintained solid growth.
Q3 2024 Kakao Corp Earnings Call Transcript
Nov 07, 2024
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