Seoul:HS Hyosung Corp. announced a substantial rise in its third-quarter net income, reaching 25.7 billion won (US$19.3 million), marking a 355.8 percent increase from the previous year.
According to Yonhap News Agency, the company's operating income for the July-September period was 38.1 billion won, reflecting a 158.9 percent growth compared to the same period last year. Additionally, HS Hyosung reported a 28.7 percent increase in sales, totaling 467.4 billion won.
The advanced materials and energy solutions company shared these figures in a regulatory filing, highlighting its strong financial performance during the quarter.