Rayence reported third-quarter consolidated operating profit of 3.51 billion won ($2.62 million), up 246.3% from a year earlier, according to a regulatory filing Wednesday.

Revenue for the same period came in at 35.86 billion won, a preliminary figure reflecting a 22.2% increase year on year.

The company swung to a net loss of 1.39 billion won for the quarter.


jiyoon436@heraldcorp.com