Naver Corp. on Friday reported its 2023 net profit of 988.4 billion won (US$742.2 million), up 46.8 percent from a year earlier.

The company said in a regulatory filing that operating profit for the year rose 14.1 percent on-year to 1.48 trillion won. Annual revenue increased 17.6 percent to 9.67 trillion won.

Source: Yonhap News Agency