In early trading on the 12th, NHN is surging. The move is seen as investor sentiment reacting to news that last year's operating profit swung to a surplus.
As of 9:23 a.m. that day, NHN was trading at 34,950 won on the Korea Exchange, up 1,800 won (5.43%) from the previous session. It climbed as high as 37,700 won intraday, marking a 52-week high.
Previously, after the market closed the day before, NHN disclosed that on a consolidation basis last year, operating profit was 132.4 billion won, swinging to a surplus from a year earlier. In 2024, NHN posted an operating loss of 32.6 billion won. Revenue for the same period rose 2.5% to 2.5163 trillion won.
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