Seoul: BGF Retail Co. on Thursday reported its third-quarter net income of 69.9 billion won (US$50.1 million), marking a slight decrease of 0.1 percent from the same period last year. The company released these figures in a recent regulatory filing, highlighting its financial performance amidst changing market conditions.According to Yonhap News Agency, the company also revealed an operating profit of 91.2 billion won for the third quarter, which is an increase from the 87 billion won recorded the previous year. Furthermore, BGF Retail's sales saw a rise of 5.4 percent, reaching 2.32 trillion won during the same period.The operating profit exceeded expectations by 3.0 percent, based on a survey conducted by Yonhap Infomax, the financial data firm associated with Yonhap News Agency. However, the survey did not provide an estimate for the net profit.