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(LEAD) Daum Q4 net down 59.8 pct on marketing costs

2014/02/14 09:12

SEOUL, Feb. 14 (Yonhap) -- Daum Communications Corp., the operator of South Korea's second-most visited portal, said Friday its fourth-quarter net income fell 59.8 percent on-year from rising marketing costs.

Net profit came to 5.5 billion won (US$5.24 million) in the fourth quarter of 2013, compared to the 13.8 billion won posted a year earlier, Daum said in a regulatory filing.