Naver Reports Record Annual Revenue Exceeding 10 Trillion Won, Q4 Operating Profit 542 Billion Won, Sales 2.89 Trillion Won

Naver, South Korea's largest internet company, reported a record annual revenue surpassing 10 trillion won for the first time among domestic platform companies. In the fourth quarter of 2024, Naver achieved an operating profit of 542 billion won, exceeding the average analyst estimate of 530.4 billion won. The company's net profit also outperformed expectations, reaching 508.6 billion won compared to the estimated 399.5 billion won. Sales for the fourth quarter totaled 2.89 trillion won, above the forecast of 2.81 trillion won. This milestone marks a significant achievement for Naver in the competitive landscape of South Korea's internet industry.