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Daum Q2 net plunges 23 pct on ads, games

SEOUL, Aug. 9 (Yonhap) -- Daum Communications Corp., the operator of South Korea's second-most visited portal, said Friday its second-quarter profit sank 23 percent on declines in its display advertising and game services.

Net profit came to 178 billion won (US$160 million) in the April-June period, compared with a profit of 230 billion won a year earlier, Daum said in a regulatory filing.

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