Seoul: Kolon Industries Inc. on Thursday reported its third-quarter net loss of 4.3 billion won (US$3.1 million), remaining in the red compared with a year ago. Operating income for the July-September period was 32.9 billion won, up 5.1 percent from a year ago, the company said in a regulatory filing. Sales rose 3.5 percent to 1.09 trillion won.According to Yonhap News Agency, the latest financial results show that despite an increase in operating income and sales, Kolon Industries continues to grapple with net losses. The company's operating income for the third quarter increased by 5.1 percent year-on-year, reaching 32.9 billion won, while sales rose by 3.5 percent to hit 1.09 trillion won. Despite these positive figures, the net loss of 4.3 billion won indicates ongoing financial challenges for the company.