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HD Hyundai Electric Q3 net income up 114.7 pct to 116.6 bln won

HD Hyundai Electric Q3 net income up 114.7 pct to 116.6 bln won

HD Hyundai Electric Co. on Friday reported its third-quarter net profit of 116.6 billion won (US$84.5 million), up 114.7 percent from a year earlier.Operating income for the July-September period was 163.8 billion won, up 91.8 percent from a year ago, the company said in a regulatory filing. Revenue rose 13.6 percent to 788.7 billion won.The operating profit was in line with the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available.Source: Lao News Agency