Naver Q2 net rises on robust ad, messenger businesses
IndustryAug 8, 2013
Naver Corp., South Korea's top Internet portal operator, said Thursday its second-quarter profit jumped 7.5 percent from a year earlier, buoyed by increased revenue from ad and messenger services.Net profit reached 123 billion won (US$110 million) in the April-June period, compared with 114 billion won the previous year, Naver, formerly known as NHN, said in a regulatory filing.Revenue rose 26.3 percent on-year to 723 billion won in the second quarter, and operating profit gained 19.6 percent to