2024-02-15 23:50 Economic Daily reporter Peng Huiming/Reporting from Taipei
Taiwan’s largest third-party payment company LINE Pay (7722) announced that its January revenue reached 504 million yuan, a monthly increase of 13% and an annual increase of 31.8%, setting another record high. LINE Pay was launched on January 26 at a price of 348 yuan per share, and the reference price yesterday (15th) was 755 yuan.
LINE Pay’s main business includes third-party payment, points issuance, marketing and data analysis, and advertising business. The main revenue is mainly the payment processing fee for collecting payments, but LINE points provide consumption feedback and advertising exposure space to drive revenue and The profit ratio gradually increased.
According to the financial report, LINE Pay will start to turn losses into profits in 2021, with a profit of 440 million yuan in 2022 and a net profit of 8.04 yuan per share; in 2023, the revenue will be 4.779 billion yuan, with a cumulative after-tax net profit of 471 million yuan as of the end of November 2023. Yuan, net income per share was 7.92 yuan, revenue in December last year also hit a high, and profit for the whole year last year is expected to hit a new high.
Revenue LINE third-party payment
