DGB Financial Group announced on Monday that its net income for the third quarter of the year had declined by 7.7%, amounting to 120.3 billion won (US$89.1 million). Operating profit also decreased 11% year-on-year to 158.3 billion won, and sales were down 12.6% to 1.86 trillion won.
These results were in line with market expectations. According to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency, analysts had forecasted a net profit of 121.2 billion won.