HDC Reports Q3 Operating Profit of 83.4 Billion KRW, Down 49% Year-on-Year
[Asia Economy Reporter Lee Seung-jin] HDC announced on the 5th that its consolidated sales for the third quarter of this year reached 1.2145 trillion KRW, a 10% increase compared to the previous year.
Operating profit recorded 83.4 billion KRW, a 47.8% decrease compared to the same period last year. Net profit turned positive at 71.4 billion KRW.
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Cumulative sales for the third quarter amounted to 3.4137 trillion KRW, a 26.6% increase compared to the previous year. Cumulative operating profit was 335.7 billion KRW, a 7.1% decrease from last year.
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