Naver Corporation announced consolidated earnings results for the fourth quarter and full year of 2017. For the quarter, operating revenue was up 16.7% year-over-year and 5.4% Quarter-on- Quarter to KRW 1,265,900,000,000 driven by key business growth, including advertising Business Platform and IT Platform. Operating profit was up 0.3% year-over-year but down 6.7% Quarter -on- Quarter to KRW 291.1 billion. Net profit was down 5.9% year-over-year and 20.3% Quarter -on- Quarter, coming in at KRW 172 billion. CapEx was up 136.5% year-over-year and 3% Quarter-on- Quarter to KRW 156.3 billion. 2017 full year operating revenue was up 16.3% year-over-year to KRW 4,678,500,000,000. Full year operating profit increased 7% year-on-year, coming in at KRW 1,179,200,000,000. And net profit was up 1.5% year-over-year recording KRW 770.1 billion.