HD Hyundai Infracore Swings to Profits in Q3

Seoul: HD Hyundai Infracore Co. on Thursday reported its third-quarter net income of 67.1 billion won (US$47.1 million), swinging from a loss of 25.4 billion won a year earlier.

According to Yonhap News Agency, the company said in a regulatory filing that operating profit for the July-September period rose 290.9 percent on-year to 80.9 billion won. Revenue increased 24.2 percent to 1.13 trillion won.