"This Stock Hit the Upper Limit"... Operating Profit Soars 164%, as This Name Delivers an 'AI Jackpot' [Shareholders Club]

[Financial News] NHN closed at the daily upper limit after announcing its best quarterly results on record.
On the Korea Exchange Main Board on the 11th, NHN closed at 54,200 won, up 12,450 won, or 29.82%, from the previous session. Trading value reached 64.7 billion won, far above normal levels as buying orders poured in.
The stock surge was driven by NHN's second-quarter earnings release. The company said consolidated revenue for the second quarter came to 757.9 billion won, while operating profit reached 57.9 billion won. That marked increases of 25.3% and 164.1%, respectively, from a year earlier, and both figures were quarterly records.
Artificial intelligence was the main force behind the rally. Revenue in the technology segment rose 52.9% from a year earlier to 159.8 billion won, helped by the full-scale rollout of NVIDIA DGX B200-based Graphics Processing Unit (GPU) as a service. In particular, NHN Cloud posted standout growth, with revenue up 85.3% year on year.
Core businesses also grew across the board. The game segment rose 21.5% to 139.6 billion won, driven by web board games and the success of mobile games in Japan. The payments segment increased 27.3% to 394.0 billion won, supported by higher transaction volume from new large merchants at NHN KCP Corp.
NHN said it plans to maintain its growth momentum in the second half of the year. In the technology segment, it aims to secure an additional AI data center with a capacity of at least 30 MW by next year and expand its AI infrastructure business by increasing its latest GPU assets.
[email protected] Kim Hee-sun Reporter