Taekwang reported third-quarter consolidated operating profit of 4.93 billion won ($3.67 million), down 57.4 percent from a year earlier, according to a regulatory filing Monday.

Revenue for the same period came in at 75.13 billion won, a preliminary figure reflecting a 7.7 percent decline year on year.

The company swung to a net loss of 23.98 billion won for the quarter.


jiyoon436@heraldcorp.com