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Kumho Tire’s Q3 Net Profit Down 0.7 Pct to 91.5 Bln Won

Seoul: Kumho Tire Co. on Tuesday reported a third-quarter net income of 91.5 billion won (US$63.7 million), down 0.7 percent from a year earlier.

According to Yonhap News Agency, the company said in a regulatory filing that it posted 108.5 billion won in operating profit for the quarter, compared with 140.2 billion won a year ago. Sales fell 0.1 percent to 1.11 trillion won.

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