1. What Happened? NHN KCP H1 2025 Earnings Release

NHN KCP announced its H1 2025 earnings on August 14, 2025. Revenue reached ₩300.6 billion, meeting expectations, but operating profit fell short at ₩12.3 billion. Net income also came in lower than expected at ₩9.5 billion.

2. Why These Results? Earnings Analysis

Revenue met market expectations thanks to steady growth in online and offline payment businesses. However, operating profit and net income fell short of expectations due to increased investment costs in new businesses and profitability management issues in existing business segments. Operating profit margin, in particular, was 4.09%, a slight improvement from the previous quarter but still below market expectations.

3. What’s Next? Future Outlook and Investment Strategies

In the short term, downward pressure on stock prices is expected due to the sluggish performance. However, in the long term, considering the solid business foundation and the growth potential of new businesses, this could present a buying opportunity. Investors should closely monitor the company’s efforts to improve profitability and the performance of its new businesses.

  • Positive Factors: Stable growth in the payment business, growth drivers in new businesses, improved financial soundness.
  • Negative Factors: Weak profitability indicators, declining stock price trend, macroeconomic uncertainty.

4. Investor Action Plan

Short-term investors should maintain a conservative approach, while long-term investors can look for buying opportunities while monitoring the company’s performance improvements and new business achievements. In particular, a detailed analysis of the specific revenue contribution and growth prospects of new businesses, as well as changes in the macroeconomic environment, is necessary.