LIG Nex1 Q3 net profit up 20.1 pct to 40.7 bln won

SEOUL, Nov. 8 (Yonhap) -- LIG Nex1 Co. on Friday reported its third-quarter net income of 40.7 billion won (US$29.4 million), up 20.1 percent from a year earlier.

Operating profit for the July-September period was 51.9 billion won, up 26.3 percent from a year ago, the company said in a regulatory filing. Revenue rose 38.1 percent to 740.3 billion won.

The operating profit was 15.3 percent lower than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. The estimate of net profit was not available.
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