SEOUL: DB Hitek Co. disclosed on Tuesday that its net income for the third quarter plunged to 52.5 billion won (US$38.9 million), marking a 69.3 percent decrease from the same period last year.
According to Yonhap News Agency, its operating income for the July-September quarter was 50.3 billion won, down 77.2 percent from a year ago. Sales during this period also experienced a sharp decline, falling 40.1 percent to 267.8 billion won.