ID :
26368
Fri, 10/24/2008 - 19:00
Auther :

Hyundai E&C Q3 net more than doubles

By Nam Kwang-sik

SEOUL, Oct. 24 (Yonhap) -- Hyundai Engineering & Construction Co., South Korea's fourth-largest builder by sales, said Friday that its net income more than doubled on-year in the third quarter on increased sales.

Net profit came to 124.4 billion won (US$89 million) in the July-September
period, compared with 48.7 billion won a year ago, Hyundai Engineering &
Construction said in a regulatory filing.
Sales rose 32 percent on-year to 1.8 trillion won and operating profit gained 36
percent to 122.5 billion won, it said.

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