Samsung Card's Q3 net income jumps 20.9%, despite sales decline

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Samsung Card's Q3 net income jumps 20.9%, despite sales decline

Samsung Card logo from its corporate website [SCREEN CAPTURE]

Samsung Card logo from its corporate website [SCREEN CAPTURE]

 
Samsung Card on Friday reported its third-quarter net income of 168.7 billion won ($122.3 million), up 20.9 percent from a year earlier.
 
The company said in a regulatory filing that it posted 223.8 billion won in operating profit for the quarter, compared to 186.8 billion won a year ago. Sales fell 13.6 percent to 883.3 billion won.

Yonhap
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