NHN CI. /Courtesy of NHN

NHN announced on the 12th that its second-quarter revenue for this year reached 604.9 billion won, and operating profit was 21.9 billion won. Compared to the same period last year, revenue increased by 0.9%, but operating profit decreased by 23.0%.

Looking at revenue by institutional sector, the gaming sector recorded 114.9 billion won, an increase of 8.0% compared to the same period last year. Overall, web board game revenue increased by 1.9% year-on-year, and in particular, 'HanGame Poker Classic' saw a 16% growth in revenue year-on-year, thanks to the introduction of new competitive content 'Challenge Battle'. The mobile gaming sector experienced a 12.9% increase in revenue compared to the same period last year, benefiting from the collaboration effect between the representative Japanese game 'Compas' and the popular local manga 'A Certain Scientific Railgun'.

The transaction sector achieved 309.4 billion won, a 7.8% increase compared to the same period last year, thanks to the increase in overseas transaction amounts from NHN KCP's major merchants. Payco's main coupon business revenue grew by 15% compared to the previous quarter, thanks to successful collaborations with major brands. The transaction amounts in the corporate welfare solution sector also continued to grow, increasing by 42% compared to the same period last year.

The technology sector recorded 104.5 billion won, a 6.6% increase compared to the same period last year. In particular, NHN Dooray achieved a 27% increase in revenue year-on-year, thanks to the continuous expansion of new clients in the public and financial sectors. The other sector achieved 96.5 billion won, a decrease of 25.0% year-on-year, due to ongoing business restructuring and management efficiency in the commerce and content sectors. NHN Link saw a 21.6% increase in revenue year-on-year as ticket sales in the sports, concerts, and exhibitions sector increased uniformly. As a result of active business efficiency measures, NHN Payco's cumulative profit and loss improved by 52% compared to the same period last year.

Meanwhile, NHN disclosed a three-year shareholder return policy to be implemented from 2026 to 2028 as part of its active shareholder value enhancement efforts. Each year, 15% of the previous year's consolidated EBITDA will be allocated as a resource for shareholder returns, and the secured resources will be actively used for cash dividends and stock buybacks.

In particular, cash dividends will be implemented at a level exceeding the previous year's dividend per share each year, and while ensuring ongoing dividend growth, starting from 2026, more than 50% of newly acquired treasury stock will be immediately retired within the year of purchase, maximizing the effect of enhancing shareholder value. Additionally, this year, 1.4% of the total issued shares will be repurchased by the end of the year, and a total of 3% will be completed for retirement, including the existing acquired volume.

Jung Woo-jin, CEO of NHN, noted, 'Revenue in our core sectors of gaming, transaction, and technology has consistently increased year-on-year, maintaining stable growth,' and added, 'We will do our best to maximize shareholder value by faithfully implementing the newly announced three-year shareholder return policy while enhancing profitability and financial soundness along with sustainable performance creation.'

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