Oci Holdings Reports 59.2% Decline in Q3 Net Profit to 96.8 Billion Won

SEOUL, - Oci Holdings Co. disclosed its financial results for the third quarter on Thursday, reporting a net profit of 96.8 billion won (US$71.2 million), marking a 59.2% decrease compared to the same period last year.

According to a new release by the Yonhap News Agency, the operating profit for the July-September quarter fell 42.2% year-on-year to 130.8 billion won. Revenue decreased by 10.7% to 690.3 billion won.

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