Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Korea, republic of
  4. Korea Stock Exchange
  5. NAVER Corporation
  6. News
  7. Summary
    A035420   KR7035420009

NAVER CORPORATION

(A035420)
  Report
End-of-day quote. End-of-day quote Korea Stock Exchange - 12/08
395000 KRW   +1.02%
04:43aSouth Korean Stocks Rise as Investors Move Past Omicron Fears; LG Chem Adds 6%
MT
03:32aNAVER : 3Q 2021 NAVER Review Report
PU
12/07S.Korea "webtoon" firms leverage low-cost stories with potential huge upside
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Repeat & Correct : Naver's Third-Quarter Net Profit Rose 37%

10/20/2021 | 06:11pm EST

Naver's 3Q net profit a year ago was KRW235.30 billion, not KRW240.15 billion. "Naver's Third-Quarter Net Profit Rose 37%," at 2353 GMT, stated the incorrect figure. The correct version follows:

 
 
   By Kwanwoo Jun 
 

Naver Corp.'s third-quarter net profit rose 37% from a year earlier, led by solid growth in advertisement based on its search platforms, e-commerce and fintech services.

Net profit for the quarter ended September 30 was 322.70 billion Korean won ($274.4 million) compared with net profit of KRW235.30 billion in the same quarter a year earlier, the South Korean internet group said Thursday. That is below a FactSet-compiled consensus forecast for net profit of KRW374.40 billion.

Revenue during the quarter gained 27% on year to KRW1.727 trillion, while operating profit rose 20% on year to KRW349.80 billion.

Naver said all of its business platforms grew during the quarter, with growth accelerating in its digital comic-strip webtoon and other paid-content services globally.

The company has faced mounting regulatory pressure on platform businesses in South Korea recently, as authorities intend to toughen rules to protect online customers.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

(END) Dow Jones Newswires

10-20-21 2011ET

All news about NAVER CORPORATION
04:43aSouth Korean Stocks Rise as Investors Move Past Omicron Fears; LG Chem Adds 6%
MT
03:32aNAVER : 3Q 2021 NAVER Review Report
PU
12/07S.Korea "webtoon" firms leverage low-cost stories with potential huge upside
RE
12/07S.Korean stocks end at near 2-week high as Omicron fears ease
RE
12/06South Korean Stocks Rise as Fears Around Omicron Decline; LG Electronics Shares Rise 2%
MT
12/06S.Korean stocks gain for 4th day, but Omicron weighs
RE
12/05NAVER : Decision on Paid-in Capital Increase (Material Business Matters of Subsidiary Comp..
PU
12/03S.Korean stocks post best weekly jump in seven; U.S. data, Omicron in focus
RE
12/01South Korean Stocks Rise on Stellar Domestic Econ Data; Samsung Jumps 4% on New Auto Ch..
MT
12/01S.Korea stocks jumps most since Feb on bargain hunting, upbeat trade data
RE
More news
Analyst Recommendations on NAVER CORPORATION
More recommendations
Financials
Sales 2021 6 780 B 5,77 B 5,77 B
Net income 2021 16 554 B 14,1 B 14,1 B
Net cash 2021 1 478 B 1,26 B 1,26 B
P/E ratio 2021 3,77x
Yield 2021 0,23%
Capitalization 58 967 B 50 272 M 50 181 M
EV / Sales 2021 8,48x
EV / Sales 2022 6,74x
Nbr of Employees 4 315
Free-Float 90,8%
Chart NAVER CORPORATION
Duration : Period :
NAVER Corporation Technical Analysis Chart | A035420 | KR7035420009 | MarketScreener
Technical analysis trends NAVER CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Last Close Price 395 000,00 KRW
Average target price 533 333,33 KRW
Spread / Average Target 35,0%
EPS Revisions
Managers and Directors
Seong-Sook Han Chief Executive Officer & Director
Sang-Jin Park Chief Financial Officer
In-Hyuk Choi Chief Operating Officer & Director
Yeon-Ah Jeong Head-Legal Affairs & Compliance Support
Hae-Jin Lee Global Investment Officer
Sector and Competitors
1st jan.Capi. (M$)
NAVER CORPORATION35.04%49 568
ALPHABET INC.68.05%1 959 918
BAIDU, INC.-30.68%52 171
Z HOLDINGS CORPORATION15.63%48 285
YANDEX N.V.-3.69%24 019
SOGOU INC.9.82%3 471