KG Steel said Tuesday its third-quarter consolidated operating profit fell 53.91 percent from a year earlier to 24.8 billion won ($18.5 million).

Revenue for the same period rose 20.51 percent to 1 trillion won.

Net profit for the period came to 23.6 billion won, up 56.98 percent, according to a preliminary tally.


jiyoon436@heraldcorp.com