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Halla Holdings Q3 profit climbs YOY

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Halla Holdings Q3 profit climbs YOY

4915828 said its normalized net income for the third quarter was 1,651.43 South Korean won per share, a gain from 220.48 won per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 17.62 billion won, a gain from 3.28 billion won in the year-earlier period.

The normalized profit margin climbed to 7.2% from 1.3% in the year-earlier period.

Total revenue came to 246.15 billion won, compared with 246.53 billion won in the year-earlier period, and total operating expenses declined 8.4% from the prior-year period to 217.72 billion won from 237.76 billion won.

eported net income rose from the prior-year period to 19.24 billio Halla Holdings Corp..