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Daehan Electric Wire & Cable, Q3 Operating Profit Expected at 13.3 Billion KRW... Up 258% YoY

Daehan Electric Wire & Cable, Q3 Operating Profit Expected at 13.3 Billion KRW... Up 258% YoY


[Asia Economy Reporter Lee Junhyung] Korea Electric Wire announced on the 29th through a preliminary earnings report that its sales for the third quarter of this year are expected to be 456.3 billion KRW, with an operating profit of 13.3 billion KRW.


Sales and operating profit increased by 63.12% and 258.27%, respectively, compared to the same period last year. Net profit turned positive, reaching 18.1 billion KRW.


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