Seoul: NHN on Thursday reported its fourth-quarter net loss of 74.8 billion won (US$51.6 million), remaining in the red compared with a year ago.

According to Yonhap News Agency, operating income for the October-December period was 25 billion won, which marks an improvement compared with a loss of 7.8 billion won a year ago. Despite the net loss, sales saw a 7.6 percent increase, reaching 643.9 billion won.

The company's financial results reflect ongoing challenges despite a rise in sales. The reported figures indicate that NHN is still struggling to achieve profitability, although there has been progress in operating income compared to the previous year.