On Friday, Doosan Bobcat Inc. announced that its third-quarter net profit had increased to 189.1 billion won (US$139.5 million), a 59% increase from the prior year. The company revealed that its operating profit for the quarter was 297.6 billion won, a decrease from 316.9 billion won in the same period last year. Additionally, revenue fell 0.5% to 2.36 trillion won.
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