Hyundai Home Shopping Network Q3 net income down 38.1 pct to 40.6 bln won

SEOUL– Hyundai Home Shopping Network Corp. on Monday reported its third-quarter net profit of 40.6 billion won (US$29 million), down 38.1 percent from a year earlier.

The company said in a regulatory filing that operating income for the July-September period rose 23.1 percent on-year to 34.1 billion won. Revenue decreased 1.8 percent to 564 billion won.

Source: Yonhap News Agency

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