Dentium Q3 Net Profit Slides by 38.7 Percent to 14.8 Billion Won.

Seoul: Dentium announced a significant decline in its third-quarter net profit, which amounted to 14.8 billion won (US$10.6 million), marking a 38.7 percent decrease from the previous year. According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the quarter was 23.6 billion won, a drop from the 30.1 billion won recorded in the same period last year. Despite the decline in profits, Dentium experienced a slight increase in revenue, which rose by 0.9 percent to reach 94.6 billion won. The company's operating profit fell short of expectations, coming in 24.8 percent lower than the average estimate, as per a survey conducted by Yonhap Infomax, the financial data firm of Yonhap News Agency. Notably, there was no available estimate for the net profit in the survey.