President-elect Yoon Suk-yeol attends a ceremony to disband his presidential election team at the National Assembly Library in Seoul, March 10. AP-Yonhap

North Korea's state media reported Friday that conservative opposition candidate Yoon Suk-yeol was elected as South Korea's president in the first coverage of the news by Pyongyang since the election.

"Yoon Suk-yeol, a candidate of the conservative opposition 'People Power Party,' won by a narrow margin in the 20th 'presidential election' held in South Korea on March 9," the North's official Korean Central News Agency said in a one paragraph report.

Yoon was elected president earlier Thursday with the smallest-ever 0.73 percentage-point gap over liberal Democratic Party of Korea candidate Lee Jae-myung. (Yonhap)