Kumho Tire Co. on Tuesday reported its third-quarter net profit of 98.7 billion won (US$71.2 million), up 195.3 percent from a year earlier. The company said in a regulatory filing that operating profit for the July-September period rose 45.7 percent on-year to 140.2 billion won. Revenue increased 14.1 percent to 1.11 trillion won. The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 68.8 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. Source: Yonhap News Agency