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The Korea Herald
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THE INVESTOR
March 29, 2024

Industrials

Doosan Infracore’s net profit doubles in Q3

  • PUBLISHED :November 02, 2017 - 17:10
  • UPDATED :November 02, 2017 - 17:10
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[THE INVESTOR] Doosan Infracore said on Nov. 2 that its third-quarter earnings more than doubled from a year earlier on the back of increased sales in emerging markets such as China.

Net profit reached 77.2 billion won (US$69.30 million) in the July-September period, compared to a loss of 35.7 billion won a year earlier, the company said in a regulatory filing.

Operating income was tallied at 144 billion won, up 36.1 percent from a year earlier, while sales surged 21.7 percent on-year to reach 1.59 trillion won.

By Alex Lee and newswires (alexlee@heraldcorp.com)

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