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NHN sales in the third quarter of 22.2 billion won, net profit of 21.4 billion won

NHN (CEO Yeo-jin Jung, NHN) announced on the 8th of 2022.

NHN's consolidated 3Q sales were 10.6% year-on-year, up 2.2% Qom to W52.2bn, operating profit increased by 59.7% Qom to W8.3bn, and net profit of 21.4 billion won. Did.

Looking at sales by division in the third quarter, the game division recorded sales of Web board games and Japanese mobile games, which recorded 21.4% year-on-year and 11.3% Qom to W115.9bn. In particular, web board game sales increased 38% YoY and 19% Qom, thanks to the revised game method implementation effect, and the game sales increased strongly, and mobile web board game sales also rose 64% YoY. It is steadily increasing its market share.

▲ Payment and advertising divisions accounted for 8.9% year-on-year and W227bn, up 4.8% Qom, thanks to the increase in NHN Korea Cyber Payment and the increase in Pasco's coupon business.

▲ The commerce division was influenced by the seasonal low season and consumer sentiment of the Chinese commerce business, but the US NHN Global's commission sales increased by 13.8% year-on-year, up 18.8% Qom, to 66.3 billion won.

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▲ In the technology sector, both the CSP business and the MSP business have risen, with sales of 71.3 billion won, which is 24.5% YoY and 3.3% Qom. The sales of the CSP business, including the NHN Cloud, rose 47.1% YoY thanks to the public sector's order, and the MSP business led by NHN Records, Japan, also grew 14.3% YoY, while the 4th quarter of the technology sector has the characteristics of the public sector. It is expected to be more prominent in appearance.

▲ The content division is a pocket comic that leads to positive results in North America and Europe, and NHN Link's sports ticket sales, which recovered the previous level of Corona, by 16.4% year-on-year, 2% compared to the previous quarter. It was reported that it recorded an increase of 51 billion won.

Since the merger of the game business organization on October 1st, NHN will expand its position as a global game company that encompasses various genres beyond the No. 1 web board operator in Korea. To this end, the Match Three puzzle professional capabilities proved in Japan and Korea are expanded to the Western market, and ▲ 'Daoist Days', which prepares for the first half of the year, will build a mid-core game lineup, and ▲ 'Project We Mix Sports' In addition, the company plans to challenge the global blockchain game market as a game specialized in web boards and social casino genres such as Marvel Slot.

NHN Pasco is planning to grow its trading scale, which is the essence of the pay business, and plan to improve profitability with its own payment method 'Point Payment' and 'Coupon Business', an advertising model. In fact, as the daily recovery continued, Pasco's third-quarter transactions increased 29% year-on-year to 2.5 trillion won, and the amount of offline payment also grew 45% year-on-year. In addition, the transaction amount of 'Campus Zone' and B2B service 'Corporate Welfare Solution' increased 242%and 111%YoY, respectively, and Pasco Point payment amount was 98%year-on-year and coupon sales were 55%year-on-year. It is growing and solidified.

NHN Cloud recorded a 39%order rate in the public sector's cloud conversion project in 2022, and has secured 4,350 customers in the private market. In the future, Shanahan Investment & Securities, which has signed a new YOU, expands its experience in financial firms, leading to growth that encompasses public and private sectors.

NHN Chung Yeo-jin said, It was a time when most of the business uncertainty in the third quarter of this year was a time when most of the projects were growing compared to the previous year and the same period last year. Based on the solid performance of the business, we will lead the even growth of core businesses such as payment advertising, commerce, technology, and content, and focus our capabilities to improve profitability.

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