[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)