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SKC’s Q3 net profit up 13.1 pct on sales of high-end products

October 24, 2018

SEOUL, Oct. 24 (Yonhap) — SKC Co., a South Korean maker of chemicals and film products, said Wednesday that its net profit rose 13.1 percent in the third quarter from a year earlier on increased sales of high-end products.

For the three months that ended on Sept. 30, the company’s net reached 39.8 billion won (US$35.2 million), up from 35.2 billion won a year earlier, the company said in a statement.

Operating profit jumped 12 percent on-year to 54 billion won, but sales fell 6.9 percent to 689.4 billion won in the third quarter.

This photo shows the corporate logo of SKC Co. at it main office in Seoul. (Yonhap)

This photo shows the corporate logo of SKC Co. at it main office in Seoul. (Yonhap)