Seoul: SK Networks Co. on Wednesday reported its third-quarter net income of 65.8 billion won (US$46.8 million), marking a significant increase of 390.8 percent compared to the same period last year.

According to Yonhap News Agency, the company revealed in a regulatory filing that its operating profit for the quarter was 28.6 billion won, an increase from 16.4 billion won in the previous year. Furthermore, the company’s revenue saw a 13.9 percent rise, reaching 2.04 trillion won.