Press Release
2001.04.23
Daum achieves operating profits for two consecutive quarters
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Daum Communications(CEO, Lee Jae-woong, www.daum.net) announced that its revenues for the first quarter has increased 243% compared to the same quarter of 2000 and increased 28% compared to the fourth quarter of the previous year to reach 13.7 billion won. It recorded 600 million won in operating profit due to rapid growth of e-commerce revenues and execution of cost-effectiveness enabling it to achieve operating profit for two consecutive quarters.
Daum“s CEO Lee said, "Our Daum Shopping Mall shows an average growth of 25% per month and we fully expect to easily achieve our goals of 100 billion won of revenues for this year."
Daum“s CEO Lee said, "Our Daum Shopping Mall shows an average growth of 25% per month and we fully expect to easily achieve our goals of 100 billion won of revenues for this year."
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