The e-commerce platform company Cafe24 noted on the 25th that its consolidated operating profit shifted to a surplus of 31.9 billion won last year.
During the same period, sales increased by 11.6% year-over-year to 302.5 billion won.
Looking at the fourth quarter of last year, Cafe24's sales and operating profits were recorded at 87.1 billion won and 13 billion won, respectively.
These figures represent increases of 19.2% and 132.8% compared to the same period last year.
The recovery in performance was attributed to the sale of Cafe24's luxury platform 'Philway.' As a result of the sale, Philway has been excluded from the consolidated performance since the fourth quarter of last year.
Additionally, Cafe24's gross merchandise value (GMV) last year was 12.5 trillion won, an increase of 10.1% from the previous year.
This year, Cafe24 plans to continue its collaboration with YouTube Shopping, enhance AI-utilized solutions, and expand market influence.