[DISCLOSURE] Loen Entertainment (016170), acquired by the leading chat app operator Kakao this March, saw a 32.3 percent increase from a year earlier in its second quarter operating profit of 20.6 billion (US$ 18.76 million), the company announced on Aug.11. Sales stood at 110.4 billion won, up 25.9 percent and net sales came in at 16.2 billion won, up 30.8 percent.


