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Kakao Q3 operating income falls 35 pct

2018/11/08 08:42

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SEOUL, Nov. 8 (Yonhap) -- Kakao Corp., the operator of South Korea's top mobile messenger KakaoTalk, said Thursday its third-quarter operating profit fell 35 percent from a year earlier.

Operating income reached 30.7 billion won (US$27.3 million) in the July-September period from 47.4 billion won a year ago, the company said in a regulatory filing

Sales, however, rose 16 percent on-year to a quarterly record high of 599.3 billion won, the company said.