Continued high growth trend in the online payment sector
Proven enhancement of payment service competitiveness,
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, ‘[Seoul=Newswire] Reporter Kim Kyung-taek = NHN KCP announced on the 9th that it recorded a consolidated operating profit of 11.2 billion won in the first quarter, a 24.5% increase compared to the same period last year.’,
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, ‘During the same period, sales and net profit increased by 18.5% and 52.3% to 268.2 billion won and 12.6 billion won, respectively.’,
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, ‘In particular, the operating profit surpassed 10 billion won for the first time in the first quarter, the company explained. By providing customized payment services and securing customers in various categories, continuous external growth was possible. The company also achieved profitability improvements through efficient allocation of existing manpower, achieving overall cost efficiency.’,
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, ‘The main driver of growth was the online payment sector. With a recorded revenue of 253.9 billion won, it increased by 20.2% compared to the same period last year, and even grew by 0.5% compared to the previous quarter, setting a record for the highest quarterly revenue. Despite being an off-season, the company was able to show high growth due to the steady growth of existing large franchise stores and the addition of transaction amounts from numerous new franchise stores secured last year.’,
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, ‘The total transaction amount of franchise stores contributing to the first quarter revenue in the online payment sector amounted to 11.9 trillion won. This is a 19.3% increase from the same period last year and a 2.2% increase from the previous quarter.’,
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, ‘An NHN KCP official stated, “The reason why we were able to achieve exceptional performance in the first quarter after surpassing 4 trillion won in monthly transaction volume based on credit card standards in March is due to the continued strengthening of relationships with existing franchise stores and continuous attraction of new franchise stores.” They added, “Based on proven payment service capabilities, we will firmly establish our position as a leader in the payment business, and through various innovative services currently under development, we will continue to grow in both external appearance and profitability.”‘,
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