Korean communications provider Hanarotelecom has seen 2007 revenues go up 8.4 percent on growth in its HanaTV service, voice services and corporate services. Hanaro’s revenues totalled KRW 1.87 trillion, versus KRW 1.72 trillion in 2006, the company said in a preliminary statement. Operating profit went up 162 percent to KRW 80.94 billion, from KRW 30.84 billion, on the back of revenue growth and efficient execution of marketing expenses. Net income turned positive at KRW 7.24 billion, from a net loss of KRW 86.05 billion in 2006, owing to increased revenues and operating income.

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