[Alpha Biz=(Chicago) Reporter Paul Lee] Stock prices rose on the 7th as Kakao Bank posted its highest-ever performance last year.

Kakao Bank closed at 28,400 won, up 4.03% from the previous trading day.

Stock prices rose to 31,050 won during the day, exceeding 30,000 won.

Kakao Bank announced on the same day that its net profit reached 354.9 billion won last year, up 34% from a year earlier.

This is the highest record ever on an annual basis.

Last year's annual operating profit was 478.5 billion won, up 35% from the previous year.

 

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