HD Hyundai Infracore Reports Third-Quarter Net Income Drop of 24.7% to 49 Billion Won

Business

SEOUL – HD Hyundai Infracore Co. announced on Wednesday that its third-quarter net income has fallen by 24.7% to 49 billion won (US$36.3 million) compared to the same period last year.

According to a news release by Yonhap News Agency, operating profit for the July-September period actually rose by 20% to 89.7 billion won, while sales decreased by 8.6% to 1.07 trillion won.