Dunamu, the operator of South Korea's top cryptocurrency exchange Upbit, reported a remarkable 400% increase in its Q3 net profit, reaching 293 billion won ($212.3 million). This surge reflects a significant year-over-year growth, driven by a robust performance in the cryptocurrency market.
The company's revenue for the third quarter also saw a substantial rise, increasing by 103.8% to 385.9 billion won ($279.6 million). Additionally, Dunamu's operating profit experienced a 180.3% jump, totaling 235.3 billion won ($170.5 million), underscoring the company's strong financial health and market position.
Dunamu's Q3 Net Profit Soars 400% to $212.3 Million
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