SEOUL: Hanon Systems on Wednesday reported its third-quarter net loss of 19.4 billion won (US$13.8 million), remaining in the red compared with a year ago. The company revealed these figures in its latest regulatory filing, highlighting a continued struggle to achieve net profitability. According to Yonhap News Agency, Hanon Systems posted an operating profit of 93.7 billion won for the quarter, significantly up from 19.1 billion won a year ago. This increase in operating profit reflects a positive shift in the company's operational performance. Additionally, the company's revenue rose by 8.2 percent, reaching 2.49 trillion won. The reported operating profit exceeded expectations, coming in 24.9 percent higher than the average estimate, according to a survey conducted by Yonhap Infomax, the financial data arm of Yonhap News Agency. However, an estimate for the net profit was not available, leaving some questions about the company's overall financial health. .