S-1 Corp Reports 28.1 Percent Increase in Third-Quarter Net Income

Seoul: S-1 Corp. announced a significant rise in its third-quarter net income, recording 54.3 billion won, marking a 28.1 percent increase compared to the same period last year. The company also reported gains in operating profit and sales for the quarter. According to Yonhap News Agency, S-1 Corp. filed a regulatory report stating that its operating profit for the July-September period increased by 12.6 percent year-over-year, reaching 60.3 billion won. The company's sales for the quarter saw a 5.8 percent rise, totaling 682.8 billion won.