Seoul:Hyosung TNC Corp. has announced a significant increase in its third-quarter net profit, reaching 55.8 billion won (US$41.9 million), marking a 256.6 percent rise from the same period last year.
According to Yonhap News Agency, the company's operating income for the July-September period saw a substantial increase, amounting to 110.2 billion won, which is a 96.7 percent rise compared to the previous year. Additionally, the textile and trading company's revenue grew by 6.1 percent, reaching 2.13 trillion won.