2023 Financial Results
Business Highlights
Enterprise revenue
(KRW bn)
Data Center revenue
12.5%
1,509
392
1,341
380
372
365
Enterprise
(KRW bn)
31.8%
156
118
40
42
36
37
1Q22
2Q22
3Q22
4Q22
2021
2022
1Q22
2Q22
3Q22
4Q22
2021
2022
Q4 Enterprise revenue of KRW 391.8bn, up 9.7% YoY
• Continuous scale-up with higher utilization rates of Gasan
and Shiksa Data Centers and Cloud traffic growth
2022 annual revenue of KRW 1.5tn, up 12.5% YoY
• Sustained structural growth of Cloud and Data Center
business
• Structural growth of Enterprise business expected to continue
in 2023 with additional margin uptake expected through cost
optimization and operational efficiency enhancement
Cloud revenue
(KRW bn)
100%
127
42
31
64
28
26
1Q22
2Q22
3Q22
4Q22
2021
2022
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