SEOUL, - Samsung C&T Corp. on Wednesday reported its third-quarter net income of 701.2 billion won (US$519.5 million), up 17.5 percent from a year earlier.
The company said in a regulatory filing that it posted 830.4 billion won in operating profit for the quarter, compared with 796.8 billion won a year ago. Revenue fell 2.5 percent to 10.97 trillion won.
The operating profit was 8.9 percent higher than 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.
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Source: Yonhap News Agency