Seoul:HL Mando Co. on Friday reported a third-quarter net loss of 42.5 billion won (US$31.9 million), a significant shift from a profit of 49.2 billion won in the same period last year.
According to Yonhap News Agency, the South Korean mobility equipment manufacturer stated in a regulatory filing that its operating income for the July-September period decreased by 45.3 percent year-on-year, amounting to 51.5 billion won.
The company also noted that its sales figures remained steady at 2.32 trillion won during the third quarter.