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KCC Shifts to Profits in Q3

Seoul: KCC Corp. on Thursday reported its third-quarter net profit of 326.3 billion won (US$225.6 million), swinging from a loss of 51 billion won a year earlier.

According to Yonhap News Agency, the company disclosed in a regulatory filing that it posted 117.3 billion won in operating profit for the quarter, compared with 125.3 billion won a year ago. Revenue experienced a slight decline, falling 0.7 percent to 1.62 trillion won.

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