| Mobile Web

Kurly posts Q2 operating profit of 27.4 billion won, up 1,991 percent

Kurly posted a second-quarter operating profit of 27.4 billion won, extending its run of quarterly profitability to six quarters. Revenue rose 27 percent from a year earlier to 734.8 billion won. Net profit was 25.4 billion won, marking a second straight profitable quarter. The company cited improved profitability, including growth in commission-based revenue such as seller-delivered products, and higher gross margin.