HD Hyundai Electric Co., Ltd. (267260.KS), a South Korean Equipment Manufacturer, on Wednesday, reported improved net income backed by a 26.2 per cent increase in sales for the third quarter.
On the Korean Stock Exchange, the shares were trading 8.02% higher at 742,000 won.
For the quarter, profit increased 63.5% to 191.1 billion Won from 116.9 billion Won a year ago.
Net income from continuing operations before income tax increased 64% to 250.3 billion won from 152.6 billion won in the prior year.
Operation income climbed 50.9% to 247.1 billion won from 163.8 billion won a year ago.
Sales increased 26.2% to 995.4 billion won from 788.7 billion won in the prior year.
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