Hyundai Mobis Q3 net profit down 7.7 pct to 921.2 bln won

Hyundai Mobis Co. on Friday reported its third-quarter net income of 921.2 billion won (US$667.4 million), down 7.7 percent from a year earlier.The company said in a regulatory filing that operating income for the July-September period rose 31.6 percent on-year to 908.6 billion won. Revenue decreased 1.6 percent to 14 trillion won.The earnings fell behind market expectations. The average estimate of net profit by analysts stood at 943 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.Source: Yonhap News Agency