Kakao Q3 net profit down 7.9% to $132.7 mil.

Korea Times News ·
Business Corporate South Korea

South Korean internet tech giant Kakao on Thursday reported its third-quarter net income of 177.7 billion won ($132.7 million), down 7.9 percent from a year earlier. The company that operates KakaoTalk, the country's dominant messaging app, said in a regulatory filing that operating profit for the July-September period rose 15.5 percent on-year to 240.3 billion won. Sales remained unchanged at…

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