KaKao

Daum Communications(CEO Lee Jae-woong, www.daum.net) announced the audit results of its results for 2000. It recorded 1.1 billion won in net profit and 5.5 billion won in operating loss. On the other hand, it recorded 10.2 billion won of revenues and 3.8 billion won of operating loss in the first half of the year. "Daum began recording profits in the fourth quarter of last year and we expect to increase our revenues by 200% this year," said CEO Lee.