SEOUL, Nov. 3 (Yonhap) -- SK Innovation Co. on Thursday reported its third-quarter net income of 175.2 billion won (US$122.7 million), down 65.5 percent from a year earlier.
Operating profit for the July-September period was 704 billion won, up 5.3 percent from a year ago, the company said in a regulatory filing. Revenue rose 82.5 percent to 22.75 trillion won.
The earnings fell behind market expectations. The average estimate of net profit by analysts stood at 194.9 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
S. Korea submits proposal to Turkey on new nuclear power project
U.S., S. Korea agree to expand joint military drills, take strong steps against N. Korean provocations
S. Korea to test-launch new 'high-power' Hyunmoo ballistic missile this week: source
China imposes mandatory virus tests for arrivals from S. Korea only in latest protest over curbs
Yoon, first lady meet Cambodian child at presidential office