CJ CheilJedang's Q3 profit falls 8% to 212 billion won
Published: 12 Nov. 2024, 09:45
Updated: 12 Nov. 2024, 16:44
![CJ CheilJedang logo [CJ CHEILJEDANG]](https://koreajoongangdaily.joins.com/data/photo/2024/11/12/743db4aa-fd31-424d-a6cb-fbb5d17dab03.jpg)
CJ CheilJedang logo [CJ CHEILJEDANG]
CJ CheilJedang on Tuesday reported its third quarter net profit of 212.2 billion won ($151.4 million), down 8 percent from a year earlier.
Operating income for the July-September period was 416.2 billion won, up 5.1 percent from a year ago, the company said in a regulatory filing. Sales fell 0.4 percent to 7.41 trillion won.
The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 162 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
Yonhap
with the Korea JoongAng Daily
To write comments, please log in to one of the accounts.
Standards Board Policy (0/250자)