SEOUL– CJ Logistics Corp. on Monday reported its third-quarter net profit of 60.2 billion won (US$43 million), up 52.2 percent from a year earlier.
Operating income for the July-September period was 107.7 billion won, up 2.2 percent from a year ago, the company said in a regulatory filing. Sales rose 9.4 percent to 3.11 trillion won.
The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 42.5 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
Source: Yonhap News Agency