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Kakao Corp. reported its third-quarter operating profit rose 15.5% from a year earlier, boosted by stable growth in its flagship platform business, according to Korea Times and Yonhap. On a consolidated basis, the company's operating profit was 240.3 billion won, up 7.4% year-on-year, with revenue of 2.0867 trillion won, up 6.3%, and net profit of 177.7 billion won, down 7.8% or 7.9% depending on the report. Korean media coverage focuses on the operating profit increase, with Yonhap attributing it to platform growth, while net profit declined year-on-year.