Korea Shipbuilding & Offshore Engineering Q3 net profit up 64 pct to 315.9 bln won

Korea Shipbuilding & Offshore Engineering-Q3 earnings

Korea Shipbuilding & Offshore Engineering Q3 net profit up 64 pct to 315.9 bln won

SEOUL, Oct. 27 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. on Thursday reported its third-quarter net income of 315.9 billion won (US$222.1 million), up 64 percent from a year earlier.

The company said in a regulatory filing that it posted 188.8 billion won in operating profit for the quarter, compared with 141.7 billion won a year ago. Sales rose 19.9 percent to 4.26 trillion won.

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