Hugel disclosed Wednesday that its third-quarter consolidated operating profit fell 61.8 percent year-on-year to 18.09 billion won ($13.5 million).

Revenue for the same period dropped 7.9 percent to 97.52 billion won.

Net profit for the period came in at 4.72 billion won, down 87.6 percent, according to preliminary figures.


jiyoon436@heraldcorp.com