DL E&C Reports 58.1% Drop in Q3 Net Profit to 67.1 Billion Won

SEOUL, - DL E&C Co. released its financial results for the third quarter of 2021, reporting a net profit of 67.1 billion won (US$49.3 million). This marks a 58.1% decrease from the same quarter a year ago.

According to a new release by the Yonhap News Agency, DL E&C also posted 80.4 billion won in operating profit for the quarter, compared with 116.4 billion won a year ago. Sales fell 0.6% to 1.83 trillion won. However, the earnings surpassed market expectations. The average estimate of net profit by analysts stood at 65.5 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.

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